Our regulatory bodies at this point are simply a fig-leaf, a performance of accountability for too-big-to-fail corporations. Oh sure they hand out a fine here o

Our regulatory bodies at this point are simply a fig-leaf, a performance of accountability for too-big-to-fail corporations. Oh sure they hand out a fine here or there. Nothing substantial, certainly nothing that will change the behavior of business. America is a gerontocracy giving birth to a corporatocracy.