2 thoughts on ““Procedures, Schmecedures”

  1. Unfortunately, I fear that “too big to fail” translates as “too big to investigate” as an investigation could both hurt their fragile spreadsheets and also expose any collaboration with the regulators, legislators, and even judges (that is, all 3 branches of govt).

  2. I think you’re right about that…of course, the downside to honest regulation is that so many people at the top of the slag heap are, well, borderline psychotic, and might well decide to blow everything up…which could make for a really lousy rest-of-my-life…

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