“"some investor advocates gave Ms. Thomsen the benefit of the doubt, arguing that her task as enforcement chief was especially difficult because she reported to a chairman, Christopher Cox, who had little appetite for regulating."””

If the attitude of Christopher Cox was so objectionable, the correct thing for Ms Thomsen to do would have been to at least resign and possibly go public.

Speaking personally, I have resigned, more than once, from lucrative posts in both private industry and public services, on a principle where I believed my advise or input was being either ignored or the role became, in other ways, untenable.

That Ms Thomsen was happy to be paid for her role, means she is culpable and the public is entitled to judge her for her lack of performance in it.

old news Yabby,
US citizens decided months ago scapegoating women under male supervision was a dead end.
you'll learn more about the global financial crisis watching Charlie Chaplin movies.

absent provision for women's legislatures, the Islandic solution remains the optimium response.

Whistler “absent provision for women's legislatures, the Islandic solution remains the optimium response.”

Yes well, that is maybe but the ‘optimum’ solution for the ‘Icelandic’s ‘ is not to be found in “women’s legislature”

"A" for effort, as usual "E" for achievement and spelling ( not that I usually comment on spelling but “Islandic” was just too obvious to let pass).

And based on howling errors like that,

Any legislative legislatures are likely to be litigiously challenged on the grounds of illegibility.

care to express a view Yabby?

Keep ‘em coming whistler, this thread is shaping up to become the fun place I predicted it would.

I know, let's give whistler and her girlfriends their own little piece of paradise where they can have their own womyn's legislature and have full responsibility for running every aspect of their own world.

Perhaps a nice little piece of the Gaza strip would be a good place. After all, the place has been very poorly run to date: this would be a perfect opportunity for them to demonstrate how much better they are at administration than all those terrible men.

Ms Thomsen could be the first Treasurer...

Whistler, the news that came out in the hearing was not old news,
but news from a couple of weeks or so ago.

People, both men and women, are responsible for their actions.
Most sensible Americans would agree with that, but I am sure
that you have a couple of the sisterhood who don't. So be it.

What we know is that the enforcement section of the SEC was
largely dominated by women and in this case, these particular
women sadly failed at their jobs, at a cost to all of us.

Sadly America as a country is still pretty puritanical and
that has cost them too. Some of the world's largest crooks
hang out on Wall St and they run rings around some of these
regulators, who seemingly would be more talented to run the
St Hilda's garden party, then what is a corporate jungle.

Spitzer was the one bloke who made large crooks nervous,
he cost them plenty and regularly nailed them. Like
Clinton, he too was sunk for his sexual habits.

Those crooks would be laughing all the way to the bank,
when some school mam is appointed to enforce regulation
on them.

move on Yabby, a majority of US citizens attributed responsibility for regulatory failure to the nation's male executive and men's legislatures at a Federal election last November.
crying over spilt milk won't absolve men of obfuscation and inept supervision.

thank you for strengthing the case for the provision of women's legislatures with the proof you provided of inept male supervision.

Col Rouge, you're perfectly correct, absent women's legislatures the Icelandic solution remains the optimum response.