For some reason, I had forgotten that former OC congressman and current chairman of the Securities and Exchange Commission Christopher Cox is married, but married he is, and to a very industrious woman. Like many who belong to the bedrock traditional values strata of the Republican Party, which loudly proclaims the value of a stay-at-home wife, the Coxes are a two income couple. And a good thing, too, because while political appointments like hubby's have a limited shelf life, Mrs. Cox's busines
For more than a decade, I've slammed Christopher Cox, the current chairman of the Securities and Exchange Commission (SEC), for a long list of political misdemeanors.
Cox has a shameful record of representing the financial interests of the elites, but if Jeremy Grant with FT.com is right, the ex-Newport Beach congressman is finally showing a hint of populism.
According to Grant, Cox recently said that shareholders "should not need a machete and a pith helmet to go hunting for what the CEO ma
The hits keep coming for embattled Securities and Exchange Commission Chairman Christopher Cox, the former local congressman (R-Newport Beach). Amid the Bernard L. Madoff scandal, Cox last week publicly blamed his staff for not vigorously investigating complaints against the fraudster. Today, we hear from...Wayne State State Law School professor Peter J. Henning, in the New York Times: "I always thought the whole idea of leadership was that 'the buck stops
here,' which means the chairman takes t
While former longtime Newport Beach Republican congressman-turned-Securities and Exchange Commission Chairman Christopher Cox lashes out at his own staff for ignoring complaints that could have exposed Bernard Madoff's massive Ponzi scheme many years earlier, others wonder if Cox is not simply diverting attention away from his own incompetence.Fans of presidential history from long ago will recall the plaque on Harry S. Truman's Oval Office desk that read, "The buck stops here." Ol' Chrissie mu
The Washington Post reports today that embattled Securities and Exchange Commission Chairman Christopher Cox is defending his restrained response to the country's financial crisis, arguing he has guided his agency with a steady hand while other federal regulators have not.Our former Republican congressman out of Newport Beach has come under heavy criticism since essentially blaming the largest Ponzi scheme in history
on his own SEC underlings. That has led critics to point out that while all of
John McCain wanted Christopher Cox fired as the George W. Bush-appointed chairman of the Securities and Exchange Commission. The Los Angeles Times opined that Cox's chairmanship will be characterized by missing the signs that Wall Street was poised for a meltdown, noting the critics who said Cox's
long-standing support of a deregulated market and friendliness to
business made him "the wrong SEC chairman at the wrong time." Securities law professor Robert Hillman at UC Davis blasted Cox for being