Posts Tagged ‘Wall Street’

Where Does the Buck Stop?

Thursday, September 18th, 2008 by Andy

No immense surprises here, but if anyone needs a little data to back up their finger pointing, here is some interesting info.

How SEC Regulatory Exemptions Helped Lead to (the current financial) Collapse

And so who is Christopher Cox, Chairman of the SEC and Bush appointee?

Hmmmmm.

Actually I have to qualify that the the original exemptions given were so done in 2004, before cox was appointed. That’s not to say he did anything to turn them around. Interestingly enough William H Donaldson was the Chairman of the SEC before Cox. He went to Yale and was a member of the “Skull and Bones Society” ………..