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Corporate Governance
: The Race to the BottomSEC and Confirmation of the Vacant Seats on the Commission
By J. Robert Brown
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Senator Dodd has indicated a desire to move forward on the three open slots on the SEC. President Bush has nominated two democrats (Elisse Walter and Luis Aguilar) and one republican (Troy Paredes). Despite recommendations from former Chairman Levitt that the nominations be delayed after the presidential elections, Senator Dodd indicated a need for expediency: ``I want to get people in place and start making decisions. Too much is at stake with this housing mortgage crisis, the economic crisis,''
Full post as published by The Race to the Bottom on May 23, 2008 (boomark / email).
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