Sunday, January 4, 2009

The Securities and Exchange Commission is broken

These two op-ed stories recently published in the The New York Times are amazing:

The Defect: Conflicts of interest in the SEC, as summarize in The End of the Financial World as We Know It

The Consequence: The Madoff scandal, huge Wall Street executive payoffs, bank and corporate bailouts

The Fix: Many suggestions provided in How to Repair a Broken Financial World

No comments: