Let us then hope Mary Jo White really knows how to discriminate between what is right and what is wrong.

Sir, Kara Scannell and Shannon Bond quote David Keller saying about Mary Jo White, recently nominated by Obama to the Securities and Exchange Commission that “She is driven by her sense of what’s right”, "White nominated to lead Wall St watchdog” January 25.

I just hope then that Mary Jo White understands that regulatory discrimination in favor of “The Infallible” those already favored by markets and banks, and against “The Risky” those already discriminated against by markets and banks is, besides stupid, utterly wrong, I would even say truly odious.

I say this because on April 28, 2004, the SEC had no idea about what it was doing.