Senator ROBERT MENENDEZ (Democrat, New Jersey): It just seems to me that you're all asleep at the switch.
Unfortunately, this is yet another example of a Rip Van Winkle SEC asleep at the switch for 30 years.
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"The attorney general has been asleep at the switch while the White House runs the Justice Department, " he said.
At a June 19 hearing, House lawmakers from both political parties complained that regulators seemed to be asleep at the switch.
Those governments are laboring to establish company-formation-friendly tax policies, regulatory regimes and immigration policies, while our government is asleep at the switch.
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If the board is asleep at the switch with respect to investments, trust me, they are not minding the store in other areas.
Instead, under Clinton leadership, the party was asleep at the switch.
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There will probably be accusations of some sort of mismanagement used as a hook to make claims about the board of directors being asleep at the switch.
This is no time to fall asleep at the switch.
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President-elect BARACK OBAMA: We have been asleep at the switch, not just some of the regulatory agencies, but some of the congressional committees that might have been taking a look at this stuff.
The Dana Air was 22 years old, which is not exactly ancient in aviation terms but given that Nigerian law prohibits aircraft over the age of 20 from operating, who fell asleep at the switch?
We are still in a very fluid economic and investing period, not a time for investors to become so complacent as the investor sentiment readings seem to indicate, that they fall asleep at the switch.
On the other hand, if the employer is asleep at the switch and simply outsources investment decision-making regarding the plan to, say, an insurance company, the investment options will almost certainly be wrapped in a high-cost, high-risk variable annuity.
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The short thesis rests on the notion that the FTC has been asleep at the switch, missed a massive fraud for over three decades, and will shortly awaken (at the behest of hedge fund short seller) to shut down the Company.
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But, at worst, Google Instant did accomplish one thing: It represented the first obvious innovation that Google has rolled out before Microsoft since Microsoft embarrassed Google with real-time Twitter search and other search innovations that appeared to catch Google asleep at the switch.
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Those of us in the press followed, digging hard for stories about corporate malfeasance and regulators asleep at the switch. (There was plenty to find.) Suddenly, being an FDA reviewer who had been too easy on a new drug meant that you might have to defend yourself in front of Congress.
Professor DON KETTL (Political Science, University of Pennsylvania): The sense of hypocrisy of an argument in favor of moral values and then not living up to them in the minds of many voters, but just as important a sense that the Republican leadership was at best asleep at the switch, and at worst complicit in an effort to cover this up for sometime.
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