Elizabeth Warren actually said...

Right. OK. So this chummy little group is making a lot of policy here, and nobody else gets to see it.

This is the most severe ethics scandal in the Fed's 110-year history, yet other than a few officials taking an early retirement we have seen...

I absolutely agree that the allegations of improper trading and ethics violations are disturbing, and they are alarming.

the loosening ends up having multiplier effects, that once you loosen a little bit you lose other discipline in the system.