Word: commissioners
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Hoping to show she's got the right stuff, Mary L. Schapiro, 15 days on the job as chairwoman of the besieged Securities and Exchange Commission (SEC), took her first steps this week in shaking up the agency. She simultaneously secured an agreement with Bernard Madoff, worked on gaining tips...
Meanwhile, Schapiro has been trying to get a word in edgewise about her plan to fix the SEC. The initial actions were heard Friday in a speech at the Practising Law Institute in Washington. In what Schapiro calls her first two significant moves as chief, she is abolishing the agency...
From Southern Europe and South Africa to Middle America and the heartland of China come a growing number of examples of both governments and individuals venting their frustrations on foreigners. Take Italy. "We have to be nasty with illegal immigrants," Italian Interior Minister Roberto Maroni declared this week. Italy's...
The E.U.'s alarm is partly a reflection of its own precarious situation in the face of a widespread backlash against globalization. The commission is now scrutinizing the E.U.'s own stimulus schemes for potential discrimination against foreigners. In focus are plans such as France's $10 billion move to...
Harry Markopolos, the man who knew too much about Bernie Madoff, appeared in public on Wednesday, and this time the Securities and Exchange Commission (SEC) was listening.