there was yet another disturbing story in yesterday’s nytimes about allegations that the SEC fired an attorney for investigating hte head of a large hedge fund, pequot capital, who had close ties to bush. apparently the guy wanted to investigate political ties to the head of morgan stanley and then got fired. i just hope they can follow this money trail.
in this case the guy, gary aguirre, had just received a two step promotion when he was summarily fired with no explanation. what really aggravates me is that the SEC immediatly denies any wrong doing. when the facts are this obvious, why cant the guy say ‘wow, that is cause for concern and we will investigate’. i am happy to see congress looking into it and the nytimes broadcasting the story though.