Watch for major stall tactics from the White House .....  Maybe Goldman 
Sachs will ask for their million back from BO....


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http://www.politico.com/news/stories/0410/36097.html

GOP seeks SEC records on Goldman


By MIKE ALLEN | 4/20/10 2:25 PM EDT .



Rep. Darrell Issa, the top Republican on the House Oversight committee, 
is demanding a slew of documents from the Securities and Exchange 
Commission, asserting that the timing of civil charges against Goldman 
Sachs raises “serious questions about the commission’s independence and 
impartiality.” 


Issa’s letter, addressed to SEC Chairwoman Mary Schapiro and signed by 
eight other House Republicans, asks whether the commission had any 
contact about the case, prior to its public release, with White House 
aides, Democratic Party committee officials, or members of Congress or 
their staff. 


“[W]e are concerned that politics have unduly influenced the decision 
and timing of the commission’s controversial enforcement action against 
Goldman,” Issa writes. 


Issa implied that the timing was a bit too convenient, saying President 
Barack Obama’s push on Wall Street reform “neatly coincided with the 
commission’s announcement of the suit.” 


The letter is also signed by Republican Reps. Jim Jordan of Ohio, Jason 
Chaffetz of Utah, Patrick McHenry of North Carolina, Dan Burton of 
Indiana, John Mica of Florida, Blaine Luetkemeyer of Missouri, Aaron 
Schock of Illinois and Anh “Joseph” Cao of Louisiana. 


POLITICO has asked the SEC for comment, and will add it when it arrives. 


White House press secretary Robert Gibbs dismissed the connection Issa 
was trying to make. 


“The SEC doesn’t notify the White House of its enforcement actions and 
certainly didn’t do so in this case. … [I]t’s not as if the president 
began talking about financial reform sometime on Friday afternoon.” 


And White House chief of staff Rahm Emanuel told Charlie Rose on Monday: 
“[E]verybody at the White House found out like everybody else, when it 
hit the news. … Nobody at the White House knew anything ahead of anybody 
else. … I think what's more important is not this particular case or 
what SEC did. The need for this reform has existed for over a year.” 


The 1,000-word letter, with 11 footnotes, also demands that the SEC 
“identify all known communications by any commission employee or 
employees with The New York Times or other news outlets prior to the 
commission’s public announcement of the suit. If you are unaware of any 
such communications, please certify as such and explain what steps the 
commission has taken to identify any individual(s) who may have engaged 
in unauthorized disclosure of information.” 


“The Goldman litigation … has been widely cited by Democrats in support 
of the financial regulatory legislation currently before the United 
States Senate,” Issa writes. “The American people have a right to know 
whether the commission, or any of its officers or employees, may have 
violated federal law by using the resources of an independent regulatory 
agency to promote a partisan political agenda. 


…“[T]he events of the past five days have fueled legitimate suspicion on 
the part of the American people that the commission has attempted to 
assist the White House, the Democratic Party, and Congressional 
Democrats by timing the suit to coincide with the Senate’s consideration 
of financial regulatory legislation, or by providing Democrats with 
advance notice.”

Read more: 
http://www.politico.com/news/stories/0410/36097.html#ixzz0lh8I3CbU

CMPQwk 1.42-21 9999 
Democrats --  The party of death ......

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