Posted as submitted on 10-17-08 by Ombudsman
The commission of Wall Street Inquiry I shall continue its work to return a report, in 15 months, of recommendations for new rules and regulations to prevent a recurrence.
It should be abundantly clear by now that Wall Street, CEOs and Congress, by themselves, will not do the "right thing." It is very difficult for Congress to do the "right thing" because they do not know what it is! This is obviously not 100% across the board. Not even Ivory soap is 100% pure.
It should be abundantly clear by now that Wall Street, CEOs and Congress, by themselves, will not do the "right thing." It is very difficult for Congress to do the "right thing" because they do not know what it is! This is obviously not 100% across the board. Not even Ivory soap is 100% pure.
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