Wednesday, April 28, 2010

Yesterday's Goldman Testimony

No matter what your political orientation, after yesterday's hearing, I find it impossible to believe that
the Senate has enough knowledge of how markets work to enact effective financial reform legislation.
The panel's questioning showed such a total lack of insight that any laws passed will likely have gaping holes
to be exploited or act to seriously damage the nation's capital markets.

Fab Tourre of Goldman Sachs
Fab Morvan of Milli Vanilli

No comments: