Regulation Helps Established Firms....
New Flash: Regulation helps established firms, creates entry barriers, and protects profit.
Next: The sun rises in the east.
The only thing surprising about this is that you lefties think that THIS time, if we only elect the right people, things will be different.
Fail!
(Nod to Angry Alex)
Labels: Dog bites man, financial puzzles, regulation
posted by Mungowitz @ 12/13/2010 09:33:00 AM
1 Comments
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1 Comments:
What about the point that '90s NASDAQ reforms at the behest of the SEC brought liquidity gains and decreased dealer rents?
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