Mary Jo White was nominated by President Obama to head the Securities and Exchange Commission on January 24, 2013. Her husband, John White, was the SEC Director of Corporate Finance under Jeb!'s brother from 2006 to 2008. John White spearheaded an effort to relax the disclosure requirements that corporations have to make to their shareholders and the public, but then there was this little thing with Lehman Brothers, et al, and well, the public got all worked up over some minor oversights and accounting flubs at a few banks who needed a bailout (through no fault of their own), White resigned, and the whole project got put on the back burner. Until Now.
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