Monday, December 13, 2010

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.


(Nod to Angry Alex)

1 comment:

Jason Treit said...

What about the point that '90s NASDAQ reforms at the behest of the SEC brought liquidity gains and decreased dealer rents?