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SEC Chairman reponds to McCain

Christopher Cox, SEC Chairman, responded to McCain's call earlier today for him to be fired:

"While I have great respect for Sen. McCain, we have sometimes disagreed, and this is one such occasion. The SEC has made plain that we have zero tolerance for naked short selling. In this market crisis, the men and women of the SEC have responded valiantly as they always do -- with the utmost dedication and professionalism. Addressing the extraordinary challenges facing our markets, the independent and bipartisan SEC has taken the following decisive actions."

My take:
It seems to me that Cox is treating McCain like a senile old uncle...with the appearance of deference and respect, but with a knowing wink.

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