![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiT7p6A7SHOmFu7-wHQUAmCYMXOlOJNQdrL2Vvgnzcv2AbU8x4_Yb303CB0rneUDp3Jpirzs1esS3QC15q4IzP1yHd6QM0sMhukAPybODpYKk-uS_YkrRHGM5JkEVYVup3HjXkL9Q/s320/barn_door.jpg)
S.E.C. Concedes Oversight Flaws Fueled Collapse - NYTimes.com: "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."
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Talk about closing the barn door after the horse got out.
1 comment:
That is a very fancy barn you have there, Professor. Please see comments on video concerning the same subject.
Don Nordeen
Governance of Property Owners Associations
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