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Well there's the rub. I don't know if I like the price GS is offering, because I can't trust anything GS says. That's what the comment is pointing out. Well, th
by bluedanieru 16y ago
Well there's the rub. I don't know if I like the price GS is offering, because I can't trust anything GS says. That's what the comment is pointing out. Well, that and Wall Street doesn't seem to care, presumably because even if they're wrong they won't have to pay the price.
- jrockway 16y agoBut government regulation isn't going to solve that problem either. Remember Enron and Worldcom?
- bluedanieru 16y agoThat doesn't follow. Of course lax enforcement of government regulation by, in the case of the SEC, underfunded agencies, will reduce the efficacy of the regulation. But that says nothing about the law itself either way. I wouldn't hire 50 cops to patrol New York and then complain that laws against armed robbery solve no problems.