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Posts Tagged ‘Mary Schapiro legacy’

Mary Schapiro’s Concern with Her Legacy

Posted by Larry Doyle on December 3rd, 2012 8:19 AM |

Why is it that America suffers from a very real lack of leadership?

Many reasons, starting with the fact that we do not have many real leaders in the truest sense of the word. The lack of leadership goes beyond that, though. Regrettably, far too many of those charged with leading our nation are too concerned with appearances rather than standing on principle and doing the right thing. These people are not leaders. They are politicians and they get bought and sold everyday.

I shook my head this weekend when I read how our soon to depart “leader” of the SEC is concerned about her legacy in relation to pending implementation of the JOBS Act. Folks, you cannot make this stuff up. (I recommend a second barf bag before reading any further.)  (more…)

Mary Schapiro: How Do The Disaffected Feel?

Posted by Larry Doyle on November 27th, 2012 9:06 AM |

The news released yesterday that SEC chair Mary Schapiro is leaving her post comes as no surprise. There have been many indications over the past four years that Ms. Schapiro has not exactly ‘enjoyed’ the challenges that came with her position.

Her departure a full year before the end of her five year term has been met with standard gratuitous comments by many in the financial industry, atop Capitol Hill, and in the press.

What do I think of the reviews of Ms. Schapiro’s tenure at the SEC?  (more…)

SEC Settles with JP Morgan/Bear Stearns: Crime Pays . . . . . . . . . . (“Why I Left Bear Stearns”) . . . . . . . . . . .

Posted by Larry Doyle on November 16th, 2012 8:29 PM |

This evening I feel the need to take a shower after having just read the most despicable settlement yet rendered by the SEC. In fact, having just read this settlement, I am embarrassed to be a citizen of a nation with such little moral fiber as to let what is a blatant criminal act go properly unpunished. This is a sad day in America. I do not write that for simple effect.

I write that because I believe a settlement this afternoon between the SEC and JP Morgan/Bear Stearns closes the door on perhaps the single most egregious criminal act I have yet come across while writing this blog. (more…)

Won’t Have Mary Schapiro To Kick Around Anymore

Posted by Larry Doyle on September 10th, 2012 9:09 PM |

Chairman Mary L. Schapiro Sense on Cents first crossed paths with current SEC chair and former FINRA head Mary Schapiro in mid-January 2009.

I have often thought Ms. Schapiro – more than any other single individual – knows where more of the bones are buried on Wall Street and throughout the incestuous Wall Street – Washington circle of influence and intrigue. I have tried to be fair but aggressive in questioning Mary’s lack of transparency on so many  fronts.

Well readers, if reports circulating around Washington have a measure of truth to them, we will likely not have Mary to kick around all that much longer.  (more…)

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