In reflecting forward the events of...

In reflecting forward the events of the past year--as we start a novel year--I am very optimistic about our profession, the health of the financial markets and the restoration of investor confidence in the upcoming year. a might ask, how can I be warmed this way in light of past events?

One of the early indications to me is the selection of William Donaldson to replace SEC Chairman Harvey Pitt by the agency of President Bush. In taking this important gradation forward, a stalled process has been offer back into motion. Once Donaldson is confirmed through Congress, the ball will be rolling