Rep. Baker resigns, set to take job with those he regulated (Hedge Funds) the next day.

Mr. Sparkle said
20 years is one hell of an internship.

As for the industry he went to work for, if he's not going to stay in Congress forever, then it makes sense to go to the industry you 're most familiar with. I guess he could always open a restaurant or start a publishing house or start over in some random industry, but if it were me, I'd be looking for a job in the industry where I had the most knowledge/interest/leverage, etc. :dunno:
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You don't think it's something of a conflict of interest? My guess is that he didn't retire and then suddenly find out that this job was available. Let's not forget Rep. Tauzin who wrote the prescription drug bill that was so friendly to the drug industry and then quit to go be the industry lobbyist and make $2.5M a year.