wonkroom.thinkprogress.org — Bloomberg stated that “before [the report] was released to the public on Sept. 26, [SEC Inspector General] Kotz deleted 136 references, many detailing SEC memos, meetings or comments.” These deletions came “at the request of the [SEC’s] Division of Trading and Markets (TM) that oversees investment banks.”
Oct 7, 2008 View in Crawl 4
striker101Oct 7, 2008
Dang! Didn't know that Kleptocracy was incorporated! That SEC article ties in with that Bush/cronies knew of this bailout crisis months before whining to the world for bailout.
arishiaOct 7, 2008
TM is not fulfilling its obligations in accordance with the underlying purpose of the Broker-Dealer Risk Assessment program in several respects. First, TM has failed to update and finalize the rules governing the program, which would ensure that broker-dealers file pertinent information with the Commission in a timely manner. Second, TM has failed to enforce the temporary rules’ document retention and filing requirements that are incumbent upon broker- dealers. As a result, nearly one-third of the firms failed to file 17(h) documents as required by the rules.
homercles337Oct 7, 2008
FTA: The loud pronouncements by the right have become almost a cult-like mantra online...Truer words have never been spoken.
mslaurelOct 7, 2008
Do I detect a pattern here?After 9/11, we discover that Bush ignored a Daily Brief, warning him of the plot.After Wall Street crashes, we discover that Bush & Co. ignored the warnings.Republicans enjoy placing ordinary people in harm's way, do they not?