The non-partisan GAO report on the Bush/Cox SEC found poor management, determination to not pursue cases, lack of transparency, and collusion with business interests. It was the Republican philosophy and direction which neutered the SEC. It is little wonder they took to surfing the net for porn, they literally had nothing else to do under Republican “leadership”.
So perhaps the media stenographers ought to remember this when suddenly howling duplicitous Republican shills like Issa and Grassley want to tar, feather and undermine the SEC now that Democratic leadership, led by Mary Schapiro, have cleaned the agency up, turned it around and put it back to work doing its oversight and enforcement job.
Excellent Alex ... excellent! thank YOU so much for posting that ... I was so pleased to read that someone (leave it to Marcy Wheeler)..........someone picked that up ! AND that you found it .. as we all suspected there are inept 'bush people' still planted in our government agencies ...hopefully this is just the beginning of rooting out these 'brownies' ... .. !