Geithner: Fox in the henhouse or cop on the beat?

there was one significant question that wasn't being asked, at least not directly. And that was: If we change the rules, will you enforce them? Full Story »

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Posted by: Posted by Dwight Rousu - Mar 27, 2009 - 1:56 AM PDT
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Edited by: Dwight Rousu - Mar 27, 2009 - 2:24 AM PDT
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by Dwight Rousu - Mar. 27, 2009

Leonard adds perspective. What good will the new laws do if the new laws are also not enforced. He says a tacit admission from government has been in place more or less since the election of Ronald Reagan that regulators wouldn't be too industrious in applying the rules. Is that changing?

To big to fail is too big to be allowed to exist.

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