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Politics : Liberalism: Do You Agree We've Had Enough of It?

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To: Kenneth E. Phillipps who wrote (49953)10/3/2008 5:01:46 PM
From: lorne4 Recommendations   of 224705
 
Ken I did read it as I have already posted to you with a reply
How come no comment from you? Is it because they were democrats that presided over the change of regulations you wanted me to read?

S.E.C. Concedes Oversight Flaws Fueled Collapse

By STEPHEN LABATON
Published: September 26, 2008
WASHINGTON — The chairman of the Securities and Exchange Commission, a longtime proponent of deregulation, acknowledged on Friday that failures in a voluntary supervision program for Wall Street’s largest investment banks had contributed to the global financial crisis, and he abruptly shut the program down.
nytimes.com
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