Posted on: Saturday, 9 August 2008, 03:00 CDT By Weissman, Robert DEBORAH PLATT MAJORAS, the chair of the Federal Trade Commission (FTC, the leading U.S. consumer protection agency), from 2004 to 2008, stepped down from her job at the end of April. Before stepping down, she announced she would become vice president and general counsel for Procter & Gamble (P&G). Asked about the propriety of the move, FTC spokesperson Nancy Judy explains that Majoras will need to abide by a year-long "cooling off period. She'll never be able to represent P&G before the Commission on matters on which she worked while at the FTC. And once she announced that she would be taking a job with P&G, she removed herself from any matters that might affect the company. Shira Mintz, who is the assistant general counsel for ethics at the FTC, says that...
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