'Your papers, please' must never be heard in America
Bradley I. Abelow, a key figure in the collapse of brokerage house MF Global Holdings Ltd., has left his post as chairman of an outside board providing financial advice to the Environmental Protection Agency (EPA).
Even as he finds himself the public face of investment firm MF Global's bankruptcy and admitted to lawmakers that he had no idea how client funds disappeared, Congress and the administration have voiced no public concern about Bradley Abelow's role advising the $8.6 billion government agency on its finances.
Just five years ago, Charles Monnett was one of the scientists whose observation that several polar bears had drowned in the Arctic Ocean helped galvanize the global warming movement.
A federal wildlife biologist whose observation that polar bears likely drowned in the Arctic helped galvanize the global warming movement during the past decade was placed on administrative leave while officials investigate scientific misconduct accusations.
"In Abelow, you have a Wall Street executive who just presided over the disappearance of $1 billion in investor funds purporting to help guide federal infrastructure financing," Jeff Ruch, president of Public Employees for Environmental Responsibility, said at the time.
The group's executive director, Jeff Ruch, said he's concerned that anti-government sentiment is partly to blame.
