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Mary Schapiro’s skeletons in the closet

Will we learn in 2012 if SEC chair Mary Schapiro and former senior executives at FINRA engaged in a fraud? The case addressing this question, Standard Chartered v FINRA, has been appealed to the highest court in our land. As such, one might think that most Americans would care to learn if our nation’s top financial regulator did, in fact, engage in a fraud which had a monetary value of between $175-$350 million. Not exactly chicken feed. Read CNN Money report here.

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