Jim:
Last week we saw and heard the last hurrah of Hilary Clinton. Stepping down from four hard years as Obama's first Secretary of State, Mrs. Clinton handed several smug GOP senators a hard one-two punch, as she swung back at their silly accusations about the Benghazi embassy attack. She pounded her fist on the table and interrupted their inane blather. I was proud of her and will miss her on the national scene. I slept better while she was the head of the State Department.
Last week, too, Obama nominated an equally tough woman to lead the Securities and Exchange Commission. Mary Jo White served for ten years as the United States Attorney for Manhattan. During that decade, she convicted some of the Islamic thugs who committed the first World Trade Center bombing in 1993. She nailed white-collar thugs who were guilty of securities fraud. And she hammered some organized crime culprits, as well.
Quipped the President during his announcement, "I'd say that's a pretty good run." He added, "You don't want to mess with Mary Jo."
That's a good slogan for the Wall Street tycoons to hang on their office walls for the next four years. It could make a refreshing change. The SEC has been a weenie agency for longer than I've been a senior citizen. The agency missed, or ignored, what Bernie Madoff was up to for years. It blew the whole "derivatives" debacle until that bubble blew up in