Damon Silvers, Director of Policy and Special Counsel of the AFL-CIO, speaks at the forum, “Destroying the Myths of Market Fundamentalism,” held in Washington DC, on October 19, 2018

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By elboriyorker

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4 thoughts on “The SEC and the Inadequacies of Financial Regulation”
  1. Excellent talk! I realize that the number of views won't, perhaps, incentivize TheRealNews to include more from Mr. Silvers, but the quality of the talk surely outweighs the paucity of the audience. Give people something to discover; this stuff is important.

  2. Fascinating. Too bad this intervention isn't getting as many views as some of the 'sexier' titles. Silver should try for a new, more apt title, imho. In fact, he wasn't primarily dealing with the SEC per se.

  3. At this point whistleblowers are more likely to provide the public with a glimpse of what crimes are being committed
    William Black, another speaker at the forum, in his most well know book The Best Way to Rob a Bank ended with telling the reader that we should look to regulators and not depend on whistleblowers but even he has more recently observed that the opposite is true. Regulators of his era and his colleagues helped prevent losses on the scale of the great recession from occurring in the late 80s

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