Tuesday, 15 June 2010

Regulation Is A Vital Part Of Thriving Free Markets

"Franklin Delano Roosevelt, when he hired the famed stock manipulator Joseph P.

Kennedy as the first head of the S.E.C., said, 'Set a thief to catch a thief.' [The Interior Dept.'s Minerals Management Service's] modus operandi was more like setting a thief to help other thieves get away with the loot." - James Surowiecki, in his "New Yorker" piece


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