Labor & Employment Law

Pres-Elect Obama Chooses A "Diplomat" To Run SEC

By Dobin & Jenks

President-Elect Barack Obama has chosen Mary Schapiro to head an agency that is sure to be under scrutiny, the Securities and Exchange Commission. With the Bernard Madoff Ponzi scheme fresh in everyone's minds, people are looking at the SEC and wondering where that agency was through all of this. I don't know the answer to that.

But what I do know is that Ms. Schapiro is a graduate of my alma mater, Franklin & Marshall College in Lancaster, Pa. The college, which is over 220 years old, is home to the "Diplomats." In these days of (GO!) Gators, Razorbacks, Hurricanes and Bulldogs, the mighty Diplomat seems a bit, shall we say, timid. But nevertheless, a number of Diplomats have gone on to fame and fortune, or at least they graduated without getting arrested.

Congratulations to Ms. Schapiro. Do the Blue and White proud.

That's the "diplomatic" view from The Law Planet - Jupiter, Florida.

Full post as published by The Law Planet Blog on December 19, 2008 (boomark / email).