Eyes on the prize

It's too soon to judge William Donaldson's performance as chairman of the US Securities & Exchange Commission. In the weeks since the White House announced his nomination, and while he awaits Senate approval, this gray eminence of Wall street is staying tight-lipped. Thus rumors and speculations swirling around the sixth floor of the SEC where Donaldson's offices are located are only based on his background and past experiences.It's clear that Donaldson's main task is to recover investors'