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January 27, 2013


Fox Guarding the Hen House?

Matt Taibbi isn't pleased with President Obama's pick of former U.S. Attorney Mary Jo White to head the SEC.

"I thought to myself: Couldn't they have found someone who wasn't a key figure in one of the most notorious scandals to hit the SEC in the past two decades? And couldn't they have found someone who isn't a perfect symbol of the revolving-door culture under which regulators go soft on suspected Wall Street criminals, knowing they have million-dollar jobs waiting for them at hotshot defense firms as long as they play nice with the banks while still in office?"














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