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Not enough is known about Malpass and his relationship to the decision-makers at the former Bear Stearns, which has now come under scrutiny for corruption (falsifying ratings information). He and his spokesperson disavow any relationship to the Bear Stearns leadership, but he was certainly playing his role for all it was worth when he joined up.

We know that the CEO made at least $35 Million the year Bear Stearns tanked.
How much did Malpass make? And yes, it does matter, if he was selling investors on those rotten subprime mortgage-backed securities.
The timing of his Wall Street Journal article - "Don't Panic About the Credit Market"- is also in need of explanation. At best, it's self-serving.

For MORE FUN, the following is a comment, that sounds remarkably like the arrogant Malpass camp, perhaps even the man hisself (i.e., the hissy-fitter himself)!

The linkage to Enron is totally bogus!
Malpass was the chief economist at Bear Stearns, not an investment banker, and he had no involvement with the side of the business that led to Bear Stearns collapse. In the three years prior to Bear’s collapse Malpass’ team at Bear Stearns was ranked #2 in the world by Institutional Investor.

We need more people who understand the complexities of the highly-interconnected global economy helping to fashion legislation in DC — not more political hacks like Blakeman.

For God’s sake! Let us not be swayed by this moronic YouTube video, or for that matter any of Blakeman’s reliably-sleazy gimmicks!

-- will not keep his cool during this campaign. I think he'll have one of those Howard Dean YE-AHHHHHH moments.