As markets flirt with Armageddon, historic changes in U.S. government financial regulations are taking place on a near-daily basis behind closed doors, with virtually no outside scrutiny, time for reflection or consideration of consequences and alternative measures, says this ProPublica item, drawing on a Wall Street Journal piece. The story by ProPublica, the nonprofit investigative journalism outfit, is part of an interesting series it has devoted to probing the reasons for the financial crack-up - and some of the flawed solutions. See more here.
TAGS: markets, investigations
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