MF Global figure no longer advising EPA

Washington Times:
Bradley I. Abelow, a key figure in the collapse of brokerage house MF Global Holdings Ltd., has left his post as chairman of an outside board providing financial advice to the Environmental Protection Agency (EPA).
The move comes months after Mr. Abelow, chief operating officer at MF Global, appeared beforeCongress as lawmakers from both parties questioned how he and other top officials - including former New Jersey Gov. Jon Corzine - could not account for about $1.2 billion in customer accounts that went missing before the company’s collapse.
Meanwhile, EPA officials have steadfastly declined to discuss Mr. Abelow’s continuing role chairing the advisory board months after he emerged as the public face of one of the largest bankruptcies in U.S. history.
Officials never announced Mr. Abelow’s departure from the board, but the move recently became clear when the financial advisory board’s website dropped Mr. Abelow’s name as chairman and replaced it with the word vacant.
... 
"Vacant"  is a none too subtle clue of his departure.  His going away party must have been low key too. The MF Global scandal was much worse than what happened last week with Citi Bank.  At least they lost their own money and were not playing with customer funds the way MF Global apparently did.  That the management could not explain what happened to the money, should disqualify them from future work in the industry.

BTW, when this firm run by Democrats failed did you see as much talk about the need for more regulation?

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