SEC's Cox claims biggest contribution was staying calm

12/24/2008 | Washington Post (tiered subscription model), The

U.S. Securities and Exchange Commission Chairman Christopher Cox said his greatest contribution to the nation during the financial crisis has been to "stay calm." During Cox's time as chairman, every investment bank under the SEC's authority either collapsed, was forced to sell itself to another bank as part of a rescue or was driven by market turmoil into another business.

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Washington Post (tiered subscription model), The

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