by Joseph W. Bartlett, Founder of VC Experts.com, 9/25/2007
While it is only the fourth or fifth inning of Chairman Chris Cox's turn on the pitcher's mound at the SEC, knowledgeable observers are giving the Chair extremely high marks for his sophisticated handling of open issues confronting the Agency. Like all skillful politicians Cox understands how to work with the various constituencies which have mattered to his office and its proper functioning ... including, of course, the Congress and the business and financial community. From this corner, he appears to be the master of the 'flagpole', meaning he feels out the landscape by running proposals 'up the flagpole' and gauging the strength of the support and opposition before he makes a definitive move.
Want to know what the latest issue the SEC is raising up the flagpole? Hint--it has to do with raising capital.