Showing posts with label regulation: the solution to (and cause of) all of life's problems. Show all posts
Showing posts with label regulation: the solution to (and cause of) all of life's problems. Show all posts

Sunday, January 4, 2009

I can't tell if he thinks this is SHOCKING or not

"Michael Lewis, a contributing editor at Vanity Fair and the author of 'Liar’s Poker,' is writing a book about the collapse of Wall Street." He wrote in today's NYT:

Created to protect investors from financial predators, the [SEC] has somehow evolved into a mechanism for protecting financial predators with political clout from investors.

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