Word: reformation
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...power of this profession to be a force for good,” she said. “Where would we be without a press that’s uncovered injustice, corruption, inhumanity—or a press that’s on the cutting edge of reform, civil rights, desegregation and of all the smaller but vital issues that affect us every single...
First, it was "Reform Wall Street." Then it was "Reform the Financial Services Industry." And all the while, where were the voices shouting for a closer look at the regulators? More than the laws, the industry, or the pavement of Wall Street, the real institution that needs to be reformed is the U.S. Securities and Exchange Commission. When I was asked by a senior member of the House Committee on Financial Services about Mary L. Shapiro’s appointment to the chairmanship of the SEC, I simply said that she was the sergeant at the donut shop while Bernard...
...attempt by the SEC to change or introduce an important new rule has been politically and emotionally charged thanks to entrenched SEC staff members who have been asleep at the switch for years, or commission members who are beholden to political interests. Sadly, as a result, many a needed reform takes years to move forward and go into effect?...
...center of all evil on Wall Street—Goldman Sachs—broke down to a vote of three Democrats against two Republicans. It was blatantly obvious to everyone that the SEC was politically motivated to bring this suit now so as to move the financial reform bill forward in the Congress. Whether true or not, that’s the perception—and we all know that people buy and sell stocks all the time based on perception and rarely on the reality. On the New York Stock Exchange we’d say, "Buy the rumor...
Many envisioned that the month-long period—which was created as a result of the University’s new unified calendar reform that moved the fall semester’s finals from late January to mid-December—would provide students with opportunities such as briefly studying a foreign language or going on a trip led by a faculty member...