Tag Archives: corruption

Senate Banking Investigation of JPMorgan to be Headed by Former JPMorgan Lobbyist

Posted on May 25, 2012 by Wes

This is why regulation never works. Those in charge of doing the regulating must have industry-specific knowledge of what they’re regulating in order to be of any use, which means the government inevitably ends up recruiting regulators who came from … Continue reading →

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Fed News Friday: Obama Nominates Wall Street Banker to Watch and Regulate Wall Street Banks

Posted on March 30, 2012 by Wes

What don’t people understand about this??? Appointing industry insiders to be regulators of their own industries not only doesn’t solve the problems in those industries, it’s proof positive that regulations and regulatory agencies DON’T work for you, they work for … Continue reading →

Posted in Fed Friday, Monetary Policy, United States | Tagged , , , , , , , , , , | Comments on Facebook