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Today, Mary Shapiro nominated Mary Shapiro to be the Chairwoman of the Securities and Exchange Commission.
Shapiro is chief executive of the Financial Industry Regulatory Authority (FINRA). "At FINRA, Schapiro leads the largest non-governmental regulator for all securities firms doing business with the U.S. public. The group conducts examinations of securities firms, sets and enforces rules governing conduct of the industry, and administers a dispute resolution forum for investors." (CNBC – 12/18/08)
Yup, that’s right, Ms. Shapiro’s agency should have warned investors about Bernie Madoff the alleged $50,000,000,000 scam artist who stole money from Elie Wiesel, among countless others. Now she is in-charge of regulating the nation’s financial industry. Fabulous!
Add Mary Shapiro to other cabinet nominees, Arne Duncan, Robert Gates, Ray LaHood, plus Inaugural bigot, Rick Warren and it’s beginning to look an awful lot like a 3rd term for George W. Bush!
President-elect Obama, don’t forget to get bogged down in Iraq and cut taxes for rich folks too.
Labels: Barack Obama, Madoff, Presidential cabinet, SEC
Veteran educator Gary Stager, Ph.D. is the author of Twenty Things to Do with a Computer – Forward 50, co-author of Invent To Learn — Making, Tinkering, and Engineering in the Classroom, publisher at Constructing Modern Knowledge Press, and the founder of the Constructing Modern Knowledge summer institute. He led professional development in the world’s first 1:1 laptop schools thirty years ago and designed one of the oldest online graduate school programs. Gary is also the curator of The Seymour Papert archives at DailyPapert.com. Learn more about Gary here.