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Originally posted by Spanky
Make more sense? It made perfect sense to me. Was there an error in his logic somewhere? Did you look at the title? You missed the point of the essay completely. The point was that most of the attacks on Cox are ridiculous.
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If one shares an ideological commitment to Cox's views about freeing business from that pesky SEC oversight -- which evidently you, Will, and Enron's former management all do -- then I'm sure the article makes perfect sense. As an investor, and one who wants to make sure that a strong SEC protects investor confidence, I am more inclined, perhaps, to see that Will can't decide whether he's arguing that Cox will be no different from Donaldson, or that Cox will be different and so what.
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In addition, there is no evidence that Cox is an Ayn Rand devotee so calling him one is absurd.
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Apart from the fact that he favorably reviewed one of her books in the New York Times Book Review, something not many politicians can say. So maybe he's no Greenspan.