SEC oversight? What SEC oversight? What oversight, period?
America Blog Dec 15 08Well of course the Madoff arrest raises questions, but whether or not the SEC was providing oversight is hardly one of them. When is the last time we saw an active SEC? Hedge funds were popping up constantly and the GOP sold us on the benefits of a so-called free market system, so no need to employ an active SEC. (Where those lovely folks are today is perhaps a bigger question. When we find them, try not to throw shoes in their general direction.) I suspect Madoff won't be the last scandal to emerge, though possibly the largest. What jumps out to me is not the lack of oversight or not the actual problem, but the large organizations who are taking massive hits. Full story...
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America Blog 13 hours agoThe "progress" that the Obama administration points to for big cities makes you wonder how out of touch the economic team really is.
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America Blog 20 hours agoWith Thanksgiving in a few days, it seemed to fit. What are you thankful for this year or at least cheerful about?
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Crazier by the day
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Citi really does deserve to be broken apart
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Of course it's animal cruelty
America Blog less than a day agoThe only surprise is that it's taken so long to come to this conclusion. California is on the right side, again.
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