Thursday, January 8, 2009

Shapiro to Face Tough Questions at Confirmation Hearing

With the mainstream press finally catching on that FINRA, not the SEC had primary responsibility for the oversight of Madoff's brokerage firm operations and financials, Shapiro is going to have a tough time with her confirmation hearings.

Let's hope that Schapiro doesn't decide that giving up her million dollar plus job for the $150,000 that the SEC Chair gets is not worth the aggravation. There are issues with her nomination, but none have anything to do with her directly.

SEC Nominee to Face Tough Questions at Confirmation Hearing

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