Another Goldman executive named to key government post as its profits skyrocket

Apparently, the U.S. government didn't have enough Goldman Sachs executives in key financial and regulatory positions, so this happened today:

A Goldman Sachs executive has been named the first chief operating officer of the Securities and Exchange Commission's enforcement division.
The market watchdog says Adam Storch, vice president in Goldman Sachs' Business Intelligence Group, is assuming the new position of managing executive of the SEC division.
The move comes as the SEC revamps...