Word: chief
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...wasn't so successful, you could almost feel sorry for Mary Schapiro, the new chief of The Securities and Exchange Commission. As soon as she settles in at Washington's most beleaguered agency - she was sworn at the SEC's offices Tuesday morning - Schapiro will have two makeovers to handle: the first, the demoralized and embarrassed agency, and the second, herself...
...with the spotlight on, Schapiro is in the prickly position of having to defend her enforcement record. At her hearing, the soft-spoken Schapiro bristled at media reports that she "infrequently" pursued tough action against big Wall Street names, saying the stories painted an "unfair picture." While chief at FINRA, she countered, her team handled 15,000 enforcement cases, including big names like Morgan Stanley, Citigroup, Merrill-Lynch and Lehman. "I have never been afraid to go after people I thought who have violated the public trust...
...Richard Wallace knows something about Schapiro and believes she will take bold action. Wallace worked at Schapiro's FINRA for the last 12 years, and before that was an enforcement prosecutor at the SEC. Wallace is now partner at the law firm Foley & Lardner, chief counsel of its financial industry regulatory authority practice. "Within a few months of coming on board at FINRA, Mary brought charges against Banker's Trust Securities," Wallace says. "She jumped right in, she beefed up enforcement, and wasn't afraid at all to take on powerful interests. She was an enforcement officer once, and enforcement...
...Back in November, the New York Post's Page Six, famous for having perhaps the least onerous factual requirements of any media organ outside cyberspace, reported that Vogue editor in chief Anna Wintour might be leaving. That set off a domino chain of reports that are still tipping over three months later. The New York Times weighed in at the turn of the year, opining that Vogue had become "stale and predictable" during Wintour's 20-year reign. Overseas, newspapers and magazines from England to Thailand picked up the tale. Somewhere it acquired the too-good-to-fact-check tidbit...
...scared," Pawlowski says. "They are almost desperate." Angry residents showed up at city hall on Sunday at a long-scheduled meeting to discuss re-establishing a Town Watch program and demanded answers from city officials. According to local newspapers, at least 100 people packed the meeting, causing the police chief, city manager and city-council members to hurry over to deal with the crowd. Police chief William Matthews tried to reassure the residents. "We cannot have people roaming the streets with guns," he said, according to the Daily Times newspaper...