SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?


To: JohnM who wrote (144327)9/16/2010 2:20:45 PM
From: Dale Baker  Read Replies (1) | Respond to of 541677
 
There is no doubt that some things were done bordering on fraud, maybe enough to convict some token miscreants. But the effort and expense to act retroactively is nothing compared to what we can accomplish by writing effective rules to implement the new FinReg law.

Some folks are so worked up about the past that they don't see where the real stakes are now going forward. My concern is that the lobbyists gut most of it once they can get back in bed with Republican-run House committees next year.