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Mary Schapiro: April 2010

Darrell Issa

No Let Up: Darrell Issa's Tireless Quest For Scandal


Rep. Darrell Issa (R-CA)

Remember the 1990s, when Newt Gingrich, Dan Burton and co. managed to create a steady stream of outrage by playing up every Clinton administration "scandal," no matter how minor? Or how about the last years of the Bush administration, when Rep. Henry Waxman (D-CA) seemed to function as a one-man investigative machine, making sure that no Bush administration wrong-doing went unexamined?

Today that role is being played by Rep. Darrell Issa (R-CA), the ranking Republican on the House Oversight committee. But despite the steady stream of made-to-order conspiracy theories coming from Fox News and the Tea Party crowd, it's a much harder job. That's largely because Issa's party is in the minority, so he doesn't have the power to compel testimony or subpoena documents. And it's perhaps also because, though the Obama administration is far from squeaky clean, Issa just hasn't had the kind of material to work with that his predecessors did.

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Topics: ACORN, AIG, AmeriCorps, Barack Obama, Census, DNC , Darrell Issa, Fox News, Gerald Walpin, Goldman Sachs, Google, Henry Waxman, House Oversight and Government Reform Committee, Joe Sestak, Kevin Johnson, Mary Schapiro, Newt Gingrich, Republican National Committee, Securities and Exchange Commission, Tea Parties, Timothy Geithner

Allen Stanford

Private Regulator -- Where Current SEC Chair Was Top Official -- Also Fell Down On Stanford Job


Allen Stanford

A good catch by the government watchdog group POGO...

We told you yesterday about that internal SEC report on the Allen Stanford matter, which slammed the agency for failing to act on credible allegations that the banker was a fraud. But it wasn't just the SEC that appears to have fallen down on the job.

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Topics: Allen Stanford, FINRA, Mary Schapiro, Securities and Exchange Commission

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