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Going Public: My Adventures Inside the SEC and How to Prevent the Next Devastating Crisis by Norm Champ

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CHAPTER5

NO ONE MENTIONED THE WAX MUSEUM

You don’t lead by hitting people over the head—that’s assault, not leadership.

—Dwight D. Eisenhower

MY DREAM JOB

“Norm, I’d like to talk to you about something. Can you come upstairs?”

It was June 2012, and I received an unexpected call from the top. Didem Nisanci, chief of staff to SEC chair Mary Schapiro, wanted to see me. I assumed it was going to be a straightforward meeting. Perhaps Didem wanted to talk to me about a personnel issue, or maybe she needed help with a question from Congress. But when I walked into her tenth-floor office, I could tell right away that something beyond the usual was going on.

Nisanci told me that Eileen Rominger was leaving the agency.1

I was surprised. Rominger was the ...

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