I think we have to recognize that as long as large financial institutions wield the kind of political power that they do in our society currently, the efficacy of our regulatory agencies is always in jeopardy.
Kaufman emphasizes the political power of financial institutions affecting regulatory efficacy.
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I think it does bring home much of what we are talking about here. It comes down to people.
I do not want a single innocent person to go to jail or be criminally indicted for any reason.
If criminal conduct contributed to the financial meltdown, then the people responsible should be investigated, prosecuted, and sent to prison.
A government, the present Afghan Government supplemented by the Taliban, is one that I just don't know how that's going to work in the long run.
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