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Bush Makes Recess Appointment to SEC
AP ^ | January 22, 2002, 7:37 PM EST

Posted on 01/22/2002 4:29:03 PM PST by Jean S

WASHINGTON -- President Bush on Tuesday used his recess appointment power to put an official from a major accounting firm on the Securities and Exchange Commission, which is investigating the auditing work done for troubled energy trader Enron Corp.

Bush appointed Cynthia A. Glassman, a principal at the Big Five accounting firm Ernst & Young. She worked at the Federal Reserve Board from 1977 to 1986 as economist and senior economist and in other positions.

The accounting profession has come under heightened public scrutiny as a result of the collapse of Enron, and the SEC is investigating the auditing work done for the company by major accountant Arthur Andersen LLP.

Glassman, a Republican, has worked for Ernst & Young since 1997. She was director of commercial bank risk management from 1997 to 1999, and before that had been director of research and managing director at Furash & Co.

Glassman served with the board of governors of the Federal Reserve from 1977 to 1986. She holds a Ph.D. in economics from the University of Pennsylvania.

He also reappointed Isaac C. Hunt Jr., a Democrat appointed to the SEC by former President Clinton in 1996. Hunt's term recently expired. A graduate of the University of Virginia law school, Hunt was dean of Antioch School of Law in Washington from 1987 to 1995.

Bush made the appointments just a day before the opening of the second session of the 107th Congress. Because Bush exercised his authority while Congress was out of session, his appointees will be allowed to serve until Congress recesses again at the end of the year.

In other recess appointments Tuesday, Bush named:

_Deborah Matz and JoAnn Johnson to the board of the National Credit Union Administration.

_William B. Cowen and Michael J. Bartlett to the National Labor Relations Board.


TOPICS: Breaking News; News/Current Events
KEYWORDS: enronlist
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1 posted on 01/22/2002 4:29:04 PM PST by Jean S
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To: JeanS
William B. Cowen and Michael J. Bartlett to the National Labor Relations Board.

Oooh....this will make the libs howl!
2 posted on 01/22/2002 4:31:54 PM PST by MamaLucci
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To: MamaLucci
You bet - that last little embedded line is hot stuff!
3 posted on 01/22/2002 4:34:23 PM PST by anniegetyourgun
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To: MamaLucci
Tell me why. And should I be happy about that?
4 posted on 01/22/2002 4:34:35 PM PST by Howlin
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To: JeanS
Yes, the liberals will howl, but they will get no traction with the media. This is big, big news. Bush is a fighter who can keep a low profile to avoid being tagged as "partisan" by the electorate.
5 posted on 01/22/2002 4:34:50 PM PST by pushforbush
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To: JeanS; Snow Bunny; Alamo-Girl; Republican Wildcat; Howlin; Fred Mertz; onyx; RonDog...
Bush Makes Recess Appointment to SEC

Excerpt:

Bush appointed Cynthia A. Glassman, a principal at the Big Five accounting firm Ernst & Young. She worked at the Federal Reserve Board from 1977 to 1986 as economist and senior economist and in other positions.

He also reappointed Isaac C. Hunt Jr., a Democrat appointed to the SEC by former President Clinton in 1996.

Bush made the appointments just a day before the opening of the second session of the 107th Congress.

In other recess appointments Tuesday, Bush named:

_Deborah Matz and JoAnn Johnson to the board of the National Credit Union Administration.

_William B. Cowen and Michael J. Bartlett to the National Labor Relations Board.


heeheehee!
(((PING))))))
Please let me know if you want ON or OFF my ping list!. . .don't be shy.
6 posted on 01/22/2002 4:38:43 PM PST by MeekOneGOP
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To: Howlin
Tell me why.

In a word, BECK.

And should I be happy about that?

YES!
7 posted on 01/22/2002 4:43:51 PM PST by MamaLucci
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To: MeeknMing
Ya gotta love it!!
8 posted on 01/22/2002 4:44:00 PM PST by kassie
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To: MeeknMing; anniegetyourgun
But....but....I thought Bush wasn't a Conservative. I am so confused! :o)
9 posted on 01/22/2002 4:44:26 PM PST by ohioWfan
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To: JeanS
I wonder if Cynthia Glassman is related to James Glassman, author of DOW 36,000 and an economist with Barron's (I think).

He also hosted a version of Crossfire on a Sunday night for a few months.

10 posted on 01/22/2002 4:46:22 PM PST by sinkspur
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To: JeanS
I only wish he had made other recess appointments like Eugene Scalia....but I think that one might have been too politically "hot."
11 posted on 01/22/2002 4:54:20 PM PST by Map Kernow
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To: Map Kernow
Do you live under a rock?
12 posted on 01/22/2002 4:55:50 PM PST by america-rules
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To: Map Kernow
I thought President Bush did recess appoint Eugene Scalia and Otto Reich. And the Dems promptly had kittens over that fact.
13 posted on 01/22/2002 4:56:43 PM PST by Utah Girl
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To: Map Kernow
I thought he had appointed Scalia and Reich on 1/12.
14 posted on 01/22/2002 4:56:57 PM PST by Unknown Freeper
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To: sinkspur
What an excellent question! I did a short Google search but couldn't find a connection.
15 posted on 01/22/2002 4:57:26 PM PST by Miss Marple
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To: Map Kernow
He did make those appointments, and the fact that you didn't hear any liberal howls shows how little traction the liberals have on this issue. That's why the second wave of recess appointments will be seen as old news by the electorate.
16 posted on 01/22/2002 4:59:10 PM PST by pushforbush
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To: MamaLucci; Howlin
For good info on Beck: www.freerepublic.com/focus/fr/604617/posts Sorry I don't know how to link.
17 posted on 01/22/2002 5:01:10 PM PST by patj
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To: Miss Marple; sinkspur
I did some searching too. I couldn't find anything either.
18 posted on 01/22/2002 5:01:46 PM PST by Jean S
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To: patj; MamaLucci; Howlin
Thanks for that link! Now I understand. I would say Hoffa is spinning in his grave - but in that concrete suit, I doubt it. . .
19 posted on 01/22/2002 5:06:35 PM PST by MeekOneGOP
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To: patj
Link to Beck

Here's your link!

20 posted on 01/22/2002 5:07:43 PM PST by gieriscm
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