Ol' Arthur seems to understand just how compromised and captured that the regulators of today, indeed, are.
What Mr. Levitt didn't say--and should have--is that Dodd-Frank was written that way by design, because Congress is itself compromised and captured by the same forces in silent control of the regulators.
Ol' Arthur seems to understand just how compromised and captured that the regulators of today, indeed, are.
ReplyDeleteWhat Mr. Levitt didn't say--and should have--is that Dodd-Frank was written that way by design, because Congress is itself compromised and captured by the same forces in silent control of the regulators.
be glad I don't have oodles of money for the banks/ins.cos and securities sales men to lose for me.
ReplyDeletevox
GAMBLE for you. i am SO not investing.
ReplyDelete