The Obama Administration and the Chairman of the SEC (Part 2)

More names in the rumor mill for Chairman.  We confess that none of these names came from anyone directly associated with the Obama Administration.  Moreover, the plethora of names suggests that the incoming Administration has not really focused on the issue.  The additonal names include:

• Gary Gensler, a former Goldman partner and Undersecretary of Treasury under President and who heads the transition team studying the SEC, although he would apparently prefer a position in Treasury; 

• Mary Schapiro, the CEO at FINRA who has had experience as a commissioner at the SEC (including acting chairman) and as chairman at the CFTC and might be the right person to engineer a merger of the two agencies; and

• Sheila Blair, chairman of the FDIC, who has made quite a name for herself as an advocate for failing homeowners.