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 Posted: Fri Oct 23, 2009 11:08 pm |
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Guest
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Have you seen the PBS Frontline show "The Warning"?
It is about Brooksley Born, a Clinton era director of the agency that
regulates derivitaves.
Greenspan, Rubin and Larry Summers did everything but run over her
with their limo to shut her up about how these parlor bets were out of
control.
In the end she was fired and they put a sock puppet in there who
stayed quiet while the congress totally deregulated this market with
the last bill Clinton signed. (4 nays in the House, unanamously in the
Senate). |
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