PROOF MY ECON PROF HAS A SENSE OF HUMOR

From an obligatory current-events question in this morning's test:

17. The government response to recent accounting scandals has been
A) Strong reform at the Securities and Exchange Commission (SEC) under the sure leadership of William Webster.
B) Uncertain implementation of reforms at the Securities and Exchange Commission (SEC) under the controversial tenure of William Webster who recently resigned.
C) Strong reform at the Securities and Exchange Commission (SEC) under the sure leadership of Harvey Pitt.
D) Uncertain implementation of reforms at the Securities and Exchange Commission (SEC) under the controversial tenure of Harvey Pitt who recently resigned.

Good luck!

Though honest conservatives might argue that under the Pitt regime, reforms have been made in their favor, because the SEC will end up being gutted in next year's budget, allowing more corporate criminals to get away scot free, similar to how the Gingrich congress gutted the IRS for similar purposes.