Posted by Larry Doyle on February 19th, 2013 6:04 AM |
If Mary Jo White were to be confirmed as the new head of the SEC, might she be the most conflicted individual to be our nation’s chief financial cop since the first person to occupy that seat, that being Joe Kennedy himself?
The White House and Washington would like to position Ms. White’s confirmation as nothing more than a formality. Our democracy deserves better than that. (more…)
Posted by Larry Doyle on January 18th, 2013 8:42 AM |
Two months ago, I inquired as to who might be our nation’s next chief financial cop, that is, the next head of the Securities and Exchange Commission.
Are we about to see a continuation of the Wall Street-Washington revolving door at work for this critically important position? How so?
A leak yesterday puts the name of Mary Jo White into the mix to head the SEC. Who is she? Is she the right person for the job? Not according to Sense on Cents Hall of Famer Gary Aguirre, who pulled no punches yesterday in asserting,
“Obama is not going to clean up financial corruption by pinning a sheriff’s badge on Wall Street’s protector-in-chief.” (more…)
Posted by Larry Doyle on November 14th, 2012 8:16 AM |
Have you had enough of the crony capitalism that has been running rampant throughout our country?
Have you had enough of the “neither admitting nor denying” statements put forth by far too financial firms writing checks to cover corrupt activities?
Have you had enough of seeing Jon Corzine, Angelo Mozilo, Albert Loewenthal, and a whole host of other individuals connected to financial frauds walk free while ordinary everyday Americans pay the price for the ravage these fraudsters left in their wake?
Have you had enough of the financial dirt continually being swept under the rug as the pols and their cronies stuff their campaign coffers and pad their personal accounts/portfolios? When will “enough be enough”? (more…)
Posted by Larry Doyle on September 19th, 2012 4:31 AM |
Reports circulating that Mary Schapiro will step down from her post at the SEC pending an Obama re-election are increasing. Unless Ms. Schapiro is relinquishing her throne in preemptive fashion I do not know why this story is even getting legs. It is certainly not uncommon for significant turnover within a President’s cabinet after the completion of a first term.
I sincerely hope that she is not in ill health but that concern is raised in a story in the New York Post, SEC You Later, Pal: Schapiro May Be Heading for The Exit,
Chatter surrounding Schapiro’s status at the regulatory agency has reached a crescendo in the past few days as an undisclosed medical procedure has resulted in her taking a leave of absence — set to end tomorrow.
An SEC official told The Post that Schapiro has been on medical leave since last Thursday and has been working from home as she recovers. (more…)
Posted by Larry Doyle on May 1st, 2012 6:33 AM |
The folks at the SEC could not possibly still be tuning in to porn, could they?
Do you think that any SEC lawyers are once again blowing the cover of whistleblowers?
Would we know if the SEC is complying with the Freedom of Information Act?
While many in Washington and America might think these issues begin and end at the desk of the SEC chair, Mary Schapiro, the simple fact is the real oversight of this organization falls under the purview of the SEC’s Inspector General. Really? Oh yeah!! How so? (more…)
Posted by Larry Doyle on March 8th, 2012 10:10 AM |
Aside from my hope that readers would care enough to share my writing and passion for the Sense on Cents virtues of truth, transparency, and integrity I do not believe I ask for much if anything from those who come here.
Well, today I am asking.
How might you help?
More than you may ever fully know or appreciate. (more…)
Posted by Larry Doyle on February 7th, 2012 11:14 AM |
Representative Michael Grimm (R-NY) was ceremoniously inducted into the Sense on Cents Hall of Shame in May 2011. Not that I ever believed there was reason to doubt his induction, but recently I witnessed further reason to cement his status in the elevated ranks of shame.
As regular readers are fully aware, I write passionately about pursuing the truth while promoting investor education and investor protection. The history of the last few years has shown that the financial services industry has not exactly shared our passion.
Who has shared the passion and took very real professional risk in the process? Numerous and sundry whistleblowers. (more…)
Posted by Larry Doyle on January 9th, 2012 7:09 AM |
Later this month, Northwestern Law will be hosting its 39th Annual Securities Regulation Institute in Coronado, California. In light of everything that has occurred on Wall Street and in Washington, one might think this could be a lively conference as it looks to provide:
A timely analysis of recent laws and developments in the corporate and securities law fields presented by senior SEC officials and leading practitioners.
While reviewing the conference invitation, I am particularly intrigued by one workshop to be held on Friday morning, January 20th. What is this workshop? Who is involved? Why am I so intrigued? Please stick with me here as we preemptively try to connect some dots.