Financial firms necessarily always outwit regulators because of the OODA loop. Regulations take time to craft. Financial direction changes don't.But hey, at least a bunch of lefty Ivy League grads get some great, high paying jobs as regulators! Winning!
Wednesday, November 23, 2011
Your Philosopher Kings in action, Act the Third
Man, that Aretae is one wicked smaht bastid. Riffing on a must-read post by Sonic Charmer, he brings teh smart: