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In reply to the discussion: Obama Puts Fox In Charge of Henhouse [View all]elleng
(141,926 posts)Obama Puts Wall Streets Worst Nightmare In Charge Of SEC.
She has experience in white-collar crimes as well, leading major busts of penny stock manipulation schemes in 2000 which resulted in the arrest and convictions of over 100 people, one of the largest crackdowns on white-collar crime in US history. Whites office has won billions in restitution from major banking institutions for defrauding investors. When she retired from the US Attorneys office in 2002, it was a major sigh of relief from the business worlds more corrupt elements.
She is someone who knows how to root out corruption, to find the information needed, and to get results. Wall Street had hoped for a business insider, but has instead gotten a vicious attack dog. This appointment comes on the heels of a newly empowered Securities and Exchange Commission, meaning that the administration has decided to get tough on big businesses who would seek to exploit people for profit.
http://www.addictinginfo.org/2013/01/24/obama-puts-wall-streets-worst-nightmare-in-charge-of-sec/
Further, have disliked him since this ridiculous piece about Wes Clark:
http://www.thenation.com/article/clarks-true-colors#