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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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CHAPTER7

EDGAR AND FRIENDS

Go right straight down the road, to do what is best, and to do it frankly and without evasion.

—George C. Marshall

Can systems of government be reformed to regain their fitness for mission? It’s far from impossible, U.S. history demonstrates. The branches of the U.S. military, for example, have needed dynamic leadership and merit-driven shake-ups to overcome periods of bureaucratic dysfunction. They have done so, particularly when national survival is at stake.

Many of us know from history courses and movies such as Saving Private Ryan about the wartime leadership of U.S. Army chief of staff General George C. Marshall and the strategy named for him of rebuilding Europe after World War II. What’s less well known is ...

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