I would have been perfectly happy never to have seen this, but NoOoOoOOOoo, The Husband has to keep me up to date on all the awful stuff no one wants to know.
This would be nothing more than a bad joke, but for the media malfeasance referenced earlier today.
MF Global chief missing $1.2B
is financial adviser to EPA
... as the House and Senate interrogated Bradley I. Abelow and other top executives at MF Global Holdings Ltd., lawmakers did not mention Mr. Abelow’s role as a financial adviser for theEnvironmental Protection Agency, which as of Tuesday listed him as the chairman of its financial advisory board.
Even as he finds himself the public face of a bankruptcy and admitted to lawmakers that he had no idea how client funds disappeared, Congress and the administration have voiced no public concern about Mr. Abelow’s role advising the $8.6 billion government agency on its finances.
“EPA relying on Wall Street for financial guidance is like the blind leading the blind,” said Jeff Ruch, president of Public Employees forEnvironmental Responsibility, a nonprofit environmental advocacy groupbased in Washington.
“In Abelow, you have a Wall Street executive who just presided over the disappearance of $1 billion in investor funds purporting to help guide federal infrastructure financing.”
More: http://www.washingtontimes.com/news/2011/dec/27/mf-global-chief-missing-12b-financial-adviser-epa/
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