For too long our financial regulatory system has been governed by global networks of really detached elites who believe they are smarter than the market and the people when it comes to allocating and assessing risk.
Criticism of the current financial regulatory system's reliance on elite decision-making.
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The answer is zero. And the reason the answer is zero, sir, is because it would take money away from people who did not get their own money.
You are continuing in the pattern of this Administration of not answering simple yes-or-no questions.
But why would we want to extend the taxpayer subsidy and bailout safety net to capital markets and asset management?
I find it difficult to believe that the SEC will know where to draw the line better than each individual investor.
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