[FoRK] Then there's this...

Stephen Williams sdw at lig.net
Sat Feb 28 09:49:49 PST 2009

J. Andrew Rogers wrote:
> On Feb 27, 2009, at 10:37 PM, Stephen Williams wrote:
>> J. Andrew Rogers wrote:
>>> I'll bet you have a perfectly reasonable explanation for why Mary 
>>> Schapiro was just appointed the head of the SEC.
>> Not particularly.  I only know on her what I read on WikiPedia:
>> http://en.wikipedia.org/wiki/Mary_Schapiro
>> This appointment was her fifth by a fifth president.  She must have 
>> something going for her.
>> It looks like she is a stickler for the law and regulations.
> Heh. Let me help you out, from the Huffington Post to dispel any easy 
> allegations of right-wing bias:
> http://www.huffingtonpost.com/dan-solin/mary-schapiro-should-not_b_152641.html 
> Schapiro was the person in charge while a long string of high profile 
> fraud cases occurred that were apparently overlooked.  At best she has 
> a long history of stonewalling whistleblowers and at worst she has 
> actively run interference for Wall Street fraudsters. Never attribute 
> to malice that which can be adequately explained by gross 
> incompetence, but it is hard to explain why such a person now runs the 
> SEC. I won't bother to dredge up the many years of less substantiated 
> Wall Street rumors that are on record.
> She was a "stickler for the law and regulations" in the same way Dubya 
> was a "fiscal conservative" -- laughable even in the most naive 
> analysis. Ah well, more of the same.
Sounds like it is time for you to log into WikiPedia then...

If it were me, I'd appoint Eliot Spitzer.  The only negative thing I 
know about him is the call girl thing.  Assuming his personality hasn't 
been wrecked.  His public successes chasing down Wall Street e-doers 
seems unsurpassed.

> J. Andrew Rogers

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