The financial industry is heavily regulated by the feds. But the SEC and congressional overseers could’ve been wanking off eight hours a day for all the good it did us.
the SEC and congressional overseers couldve been wanking off eight hours a day..
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and it sounds like some were, per recent reports. 8-o
These are high-5 and 6 digit salaried and hopefully incentivized gubamint employees... the least they could do is drop a few on FR for indirectly supporting their efforts to keep Wall Street on the up and up, just not 1920s Germany-style.. Party!!! :-]