José Gusmão (Bloco de Esquerda, Portugal), member of the Left in the European Parliament explains how the financial lobby machine takes over the “independence” of some EU insittutions. Indeed, Adam Farkas has announced his resignation from his post as Executive Director of the European Banking Authority – the EU finance market public regulator – to take job at the Association for Financial Markets in Europe (AFME) – the biggest financial lobby in the EU.