Word: inspectors
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...mine in Utah Thursday night. As rescuers tried to dig down to where six coal miners have been trapped since Aug. 6, the walls of their tunnel exploded inward violently, hurling projectiles of rock and coal at the workers. The awful result: two rescue workers and a federal mine inspector are dead, and several more are in the hospital...
...Committee ended up holding three hearings, and in early August issued - jointly with the Finance Committee - a damning, 108-page report that largely backs up Aguirre's allegations of outside interference in an SEC investigation. In highlighting institutional deference to Wall Street bigwigs, arbitrary personnel practices and a dysfunctional inspector general's office, the report seriously calls into question how effectively the SEC is carrying out its mission of policing U.S. capital markets, especially at a time when new opportunities for insider trading are proliferating...
...objections to the "special treatment" afforded to John Mack. Grassley complained that "Mack's prominence protected him from the initial SEC inquiry, protection that would not have been afforded him had he been from Main Street rather than Wall Street." The Senator also lambasted the SEC's inspector general for having made "no attempt to conduct a serious, credible investigation" of Aguirre's allegations. Rather than a critical mechanism for airing staff concerns, the report argues, the IG is regarded by some as "a tool of management, used for retaliatory investigations against disfavored staff...
...external communication and to "generally discourage" communication with supervisors that excludes lead staff attorneys. Grassley praised Cox, a former Congressman, as a "model of transparency and accountability" and for "recognizing the value of Congressional oversight instead of resisting it like most other agencies do." As for the inspector general's office at the SEC, change is already happening; Walter Stachnik, the only inspector general that SEC has ever had since the post was created in 1989, quietly retired the same day the Senate report came...
Farmer John says that the gesture pays respect to farming tradition, but adds that he is not fully qualified as an inspector...