Who says partisanship rules Washington? House Republicans showed remarkable forbearance yesterday toward SEC Chairman Mary Schapiro over an ethics flap involving the Bernie Madoff case and conflict-of-interest laws. “What is clear about this situation is that you did make a mistake. You admitted such and you said had you known then what you now know, you would have acted differently,” Rep. Patrick McHenry (R., N.C.) told Ms. Schapiro at a public hearing. We doubt Ms. Schapiro and her SEC cops would have been so forgiving toward someone in private life who made the same “mistake.”
Read more: The SEC’s Ethics — WSJ.com
