Monday, January 12, 2009

Obama's S.E.C. Choice Is Sued Over a Merger of Regulators

New York Times reports:
Mary L. Schapiro, who appears this week at a confirmation hearing on her selection to head the Securities and Exchange Commission, has been accused in two lawsuits of making misleading statements to quickly complete a merger of regulatory organizations after which she received a 57 percent raise in her pay.
At least Eric Holder isn't being sued.