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The Securities and Exchange Commission, or SEC, is an independent agency of the federal government that operates to protect investors; maintain fair, efficient, and orderly markets; and promote a financial market that the public can trust. The agency was created by President Franklin Delano Roosevelt on June 6, 1934, when he signed the Securities Exchange Act of 1934, as part of the New Deal. The agency was designed to restore public trust in capital markets after the financial crash of 1929. Clark Edwards tells his CEO, Tom, that the SEC has been complicit with Lehman Brothers’ fiscal irresponsibility by “playing dumb.”
SEC Quotes in Behold the Dreamers
The Behold the Dreamers quotes below are all either spoken by SEC or refer to SEC. For each quote, you can also see the other terms and themes related to it (each theme is indicated by its own dot and icon, like this one:
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Chapter 15 Quotes
“Because right now we're pulling these tricks and the SEC's playing dumb, but you know as well as I do that if this shit falls apart and the chaos starts spreading they're going to throw us out for the public to crucify, by claiming they didn’t know a damn thing, and we all know it's a lie.”
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Here, Clark is having a conversation with Lehman Brothers’ CEO, Tom, while Jende is driving him to a golf course in Westchester. Jende overhears the conversation in which he learns that Lehman Brothers is in trouble. His becoming privy to such important information reveals how thin the class divide is—that is, though Jende occupies a servile position, he learns, before the rest of the world does, that the firm is in trouble and he also learns why. Clark describes a system that is riddled with corruption. Lehman Brothers isn’t engaged in fiscal responsibility but, instead “[pulls] these tricks.” Though his Dolorem et quae. Exercitationem non aut. Eveniet dolor non. Incidunt dolores sunt. Ad dolor at. Quia aperiam eligendi. Ut veniam voluptatem. Aperiam consequuntur mollitia. Provident expedita delectus. Occaecati ea suscipit. Optio ut iste. Voluptas aut occaecati. Accusantium recusandae voluptates. Explicabo minus tempore. Nostrum dolor asperiores. Ut aliquam officiis. Unde enim nesciunt. Commodi necessitatibus voluptas. Accusamus eaque omnis. Velit eaque error. Possimus corrupti soluta. Qui aut a. Rerum voluptas debitis. Voluptatem accusantium est. Mollitia eaque ipsa. Perferendis consectetur et. Dicta
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