August 20, 2008
Bizarro World: The SEC’s IDEA Press Conference
– Laura Thatcher, Alston & Bird
Was it just me or did others laugh out loud while reading the closed captioning during yesterday’s SEC webcast on the technologically brilliant new IDEA? (See Broc’s blog to learn what the SEC’s IDEA is about.)
Chairman Cox was talking away while typing on the computer to show how IDEA will work and the closed captions were wild. Apparently the “reporter” was from Mars or just couldn’t read his lips while he was concentrating on the keyboard. Or (assuming the reporter is a computer) maybe the SEC should earmark some of the technology funding to an upgrade on voice recognition. I’m betting there were some hearing impaired listeners scratching their heads!