20 Oct 2008

Who calls the regulators to account?

'When the going gets tough, the tough in commerce, industry and particularly finance get going -- fast as their corporate jets will carry them to Washington, begging to be rescued' (Alan Abelson, Barron's, 20 Oct 2008) Lehman executives served with subpoenas - but when will the regulators be called to account?

Hank Paulson under fire

Paulson is an 'incompetent surgeon who continues to apply bandages to a haemophiliac' (Philip Manduca, ECU Group)

Double Standards of Regulators

'When the going gets tough, the tough in commerce, industry and particularly finance get going -- fast as their corporate jets will carry them to Washington, begging to be rescued' (Alan Abelson, Barron's, 20 Oct 2008). Lehman executives are served with subpoenas - but when will the regulators be called to account?