ken..."Read the New York Times today and read how the SEC in 2004 stopped regulating the investment banks."....
Ken I did that and thanks for the heads up.
S.E.C.’s 2004 Rule Let Banks Pile Up New Risk
October 3, 2008, 8:02 am
dealbook.blogs.nytimes.com
Here is a list of key players responsible for the changes in Bank regulation rules which as near as I understan caysed this collapse with dem controlled fannie mae.
Annette L. Nazareth,
Senator Paul S. Sarbanes
Harvey J. Goldschmid
Roel C. Campos
William H. Donaldson
...
And here is their party affilations.
SEC Biography:
Commissioner Annette L. Nazareth
Annette L. Nazareth was appointed by President George W. Bush to the U.S. Securities and Exchange Commission and sworn in on August 4, 2005.
Her husband IS>
Roger W. Ferguson, Jr.
Born: 28-Oct-1951
Birthplace: Washington, DC
Gender: Male
Race or Ethnicity: Black
Sexual orientation: Straight
Occupation: Government
Party Affiliation: Democratic
Nationality: United States
Executive summary: Federal Reserve Governor, 1997-2006
Wife: Annette L. Nazareth (SEC Commissioner, m. 1986, two children)
Daughter: Caroline Lawson Ferguson (b. 31-Aug-1994)
nndb.com
...........................................................
Sarbanes to Retire From Senate
Surprise Decision Sets Off Scramble in Maryland Among Potential Successors
By Spencer S. Hsu and John Wagner
Washington Post Staff Writers
Saturday, March 12, 2005; Page A01
Sen. Paul S. Sarbanes, the studious liberal who became Maryland's longest-serving senator and who acted as quiet counsel to Democratic leaders through times of impeachment and scandal, announced yesterday that he will not run for reelection when his fifth term ends in January 2007
washingtonpost.com
...................................................
Harvey J. Goldschmid
Born: 6-May-1940
Birthplace: New York City
Gender: Male
Religion: Jewish
Race or Ethnicity: White
Occupation: Government
Party Affiliation: Democratic
Nationality: United States
Executive summary: SEC Commissioner, 2002-05
nndb.com
...............................................
Roel C. Campos
AKA Roel Clark Campos
Born: 1949
Birthplace: Harlingen, TX
Gender: Male
Race or Ethnicity: Hispanic
Sexual orientation: Straight
Occupation: Government
Party Affiliation: Democratic
Nationality: United States
Executive summary: Securities and Exchange Commission
nndb.com
...................................................
William H. Donaldson
In Republican and business circles, William H. Donaldson has been viewed as the David Souter of the Securities and Exchange Commission, a disappointingly independent choice who sided too frequently with the Democrats. |
