Gary Noffke

Dear Mr. President-Elect: Advice on Combating White-Collar Crime from a Convicted Felon

Interesting stuff about competency of boards, special committees , etc. I would agree with the author and Whidbey on their comments about the SEC and the military. Smells a bit of sour grapes, which is always the argument against real criticism from the self-serving elite who cripple their institutions. From my experience you can add education to the list of major institutions that has failed due to incompetent leaders. The scream for more accountability results in supreme cronyism, down-grading the best teachers and promoting the team players who in turn vote to support the leadership. Executive appointed committees are only as good as the executive and will forever reflect that. As Whidbey, I also am retired and my evaluation is based on 34 years of teaching in higher education. The quality of teaching is directly related to the quality of administrators who hire and promote them. It's time to distrust and critically evaluate the top as opposed to the bottom. My pick for the head of the SEC is Ralph Nader. I'll take a benevolent dictator every time over an ambitious idiot with the power to select committees to evaluate his own work.