Commentary by Roger Erickson
In the mirror, no less!
SEC's Hunt for Crisis-Era Wrongdoing Loses Steam
Who says the SEC isn't modernizing? They've successfully grafted pressure-washing onto white-washing - all the while adding their own "leaks" that mysteriously drain off all the reform steam!
These guys wouldn't be allowed to catch a Control Fraud if one was brought to them bound and gagged by Maxwell's Demon! After all, they'd be chasing their own tail. And, they're supposed to be focused on our Output Gap, remember?
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