Alert
Close

Take AARP’s Smart Driver course and you could save money on your car insurance. Learn more

Highlights

Open
AARP Real Possibilities

 

FREE FUN!

AARP Games - Play Now!

Contests and
Sweeps

Safe Driving in 2014 Sweepstakes

Learn how AARP Driver Safety can help you stay safe—and enter for a chance to win $1,000. See official rules. 

AARP Auto Buying Program

MOST POPULAR

Viewed

Inspire Awards 2005 Honorees

William Donaldson, Wall Street Watchdog

After watching corporate behemoths like Enron and WorldCom implode because of corrupt accounting, gutting thousands of people's 401(k) savings, few investors felt secure. That started to change when President Bush appointed William Donaldson head of the Securities and Exchange Commission (SEC) in 2003.

"At this stage in my life, I felt I could be truly independent," says Donaldson of his decision, at age 71, to accept the job. "I can take on the complex problems and I have the freedom to try to do what's right." The ex-Marine and former chairman of the New York Stock Exchange didn't waste a minute in making bold, controversial moves, adding almost 1,000 new employees to the SEC payroll and adopting nine new initiatives to tighten oversight of mutual funds.

"Chairman Donaldson is a forceful advocate for the interests of investors," says Paul Schott Stevens, president of the Investment Company Institute, the trade association for the mutual fund industry. It's reassuring to know there's an ex-Marine fighting to protect our retirement cash.

 

*The name of this award was originally the Impact Award. In 2008, the awards were renamed as the Inspire Awards.

Topic Alerts

You can get weekly email alerts on the topics below. Just click “Follow.”

Manage Alerts

Processing

Please wait...

progress bar, please wait

Tell Us WhatYou Think

Please leave your comment below.

Discounts & Benefits

From companies that meet the high standards of service and quality set by AARP.

Downloadable mobile app from AARP® Roadside Assistance from Allstate.

AARP Credit card from Chase

Members can earn 3% cash back on purchases with the AARP® Credit Card from Chase.

Member Benefits

Join or renew today! Members receive exclusive member benefits & affect social change.