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There are some private regulatory agencies already - certificate authorities, for example. Seems to pretty much work.
by endtime 16y ago
There are some private regulatory agencies already - certificate authorities, for example. Seems to pretty much work.
- mcknz 16y agoThen there are the ratings agencies (Moody's, S&P) who did such a great job during the crisis, but that's another topic altogether... :)
- randallsquared 16y agoWell, the SEC and EPA have similar recent failures to point to, to be sure. :)
- byrneseyeview 16y agoThey had strong government protections. Smaller ratings agencies like Egan-Jones have a much better record--but they lack the same legal advantages.