Friday, Nov 27th

Last update07:41:34 AM GMT

You are here News Domestic (USA) SEC chief resigns

SEC chief resigns

E-mail Print PDF

AP reports that Securities and Exchange Commission Chief Linda Thomsen is leaving the agency less than a week after receiving an angry dressing-down before Congress over the agency’s failure to detect the $50 billion Ponzi scheme allegedly run by money manager Bernard Madoff.

Thomsen was front and center at a Feb. 4 hearing by a House subcommittee investigating the Madoff affair and the enforcement breakdown at the SEC. She was put on the defensive by lawmakers and forced to defend the SEC's position that she and other officials couldn't publicly discuss details of the matter because of an ongoing investigation by the agency's inspector general.


Most Recent Related Stories...

Why Thanksgiving Is A 'National Day Of Mourning' For Some Americans

Thanksgiving is also a day of mouringWhen Cedric Cromwell sits down with his family for a meal on Thanksgiving each year, the...

How Walmart Keeps an Eye on Its Massive Workforce

Walmart spiesIn the autumn of 2012, when Walmart first heard about the possibility of a strike on...

A grim holiday season awaits America’s hungry

America's hungry For households that struggle with food insecurity, November often marks the beginning of the particularly lean...

Armed group publishes home addresses of Muslims in North Texas

Anti Muslims publish Muslim infoAn armed anti-Muslim group protesting at a North Texas mosque this week has published the home...
America's # 1 Enemy
Tee Shirt
& Help Support!
TVNL Tee Shirt
Conserve our Planet
& Help Support!
Get your 9/11 & Media
Deception Dollars
& Help Support!
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!