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So, the SEC Securities and Exchange Commission

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BanzaiBonnie Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-07-09 09:40 PM
Original message
So, the SEC Securities and Exchange Commission
is a federal agency. If that is correct, who hires or appoints these people. Their job is as critical as any other protecting this country. They failed in their duties. Can these guys now!


How do we raise a hue and cry? Is it worth it?
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dflprincess Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-07-09 10:04 PM
Response to Original message
1. Did they actually fail or did deregulation go so far that their hands were tied?
Edited on Sat Feb-07-09 10:08 PM by dflprincess
I honestly don't know the answer. Certainly deregulation played a big part in this, but I would think there were still some things the SEC could have done besides worrying about Martha Stewart's insider trading.
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BlooInBloo Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-07-09 10:05 PM
Response to Reply #1
2. Both.
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Enthusiast Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-08-09 12:12 PM
Response to Reply #1
3. When you consider
how they went after Martha Stewart with such zeal it is almost unbelievable. At the very least these assholes should lose their cushy jobs.
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