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Tuesday, October 14, 2008

Bush's SEC: Not Vigorous

heckavu job:


"WASHINGTON -- The Securities and Exchange Commission failed to "vigorously" enforce securities law when it closed an investigation into how Bear Stearns Cos. came up with values for certain debt, the agency's inspector general said in a report Friday. -WSJ"


This might just be a cheap shot report. It catches notice, because of some other stories about ... lax enforcement or uneven enforcement under Chairmen Cox. Time will tell. He may end up not with anything scandalous, just ... uneven.