Administration officials said Ms. Nazareth, a former top official at the Securities and Exchange Commission, did not have tax problems. Rather, administration officials were worried that political opponents would seize on her years as an S.E.C. commissioner and, before that, the agency official in charge of overseeing the markets. The S.E.C. has been harshly criticized for its lax enforcement.
Someone PLEASE explain to me why Obama is hiring the assholes who caused this mess to fix it. Because they have no intention of actually fixing it and if they had a shred of integrity they wouldn't have stood by or worse participated in this fiasco.