| | Insight on the News: Levitt stocked exchange boards: critics of Arthur Levitt claim the former SEC chairman made power ... (Site not responding. Last check: 2007-10-09) |
 | | Levitt's ideas are given special credence in the media and even among some congressional Republicans because of his celebrated reputation for having the highest integrity. |
 | | They say Levitt, a major New York Democratic fund-raiser before he became SEC chairman, exploited problems to pack the boards of stock exchanges and private regulatory bodies with Democratic Party politicos and old friends. |
 | | Levitt "put his political cronies, golf partners and bridge buddies on these boards," charges Alan L. Davidson, owner of Zeus Securities Inc. in Hauppauge, N.Y., and president of the Independent Broker-Dealer Association, which represents small firms that trade stock. |
| www.findarticles.com /p/articles/mi_m1571/is_19_18/ai_87024938 (1479 words) |