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 makes.”
It took years, but we've finally got a great quote from Cox.
The SEC is trying to pierce corporate America dishonesty about CEO pay and perks. In some cases, publicly-traded companies have hidden pay of $200 million or more in a single year to one executive.
CNN-featured investigative reporter R. Scott Moxley has won Journalist of the Year honors at the Los Angeles Press Club; been named Distinguished Journalist of the Year by the LA Society of Professional Journalists; obtained one of the last exclusive prison interviews with Charles Manson disciple Susan Atkins; won inclusion in Jeffrey Toobin’s The Best American Crime Reporting for his coverage of a white supremacist’s senseless murder of a beloved Vietnamese refugee; launched multi-year probes that resulted in the FBI arrests and convictions of the top three ranking members of the Orange County Sheriff’s Department; and gained praise from New York Times Magazine writers for his “herculean job” exposing entrenched Southern California law enforcement corruption.