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[–][deleted] 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (1 child)

It seems pretty weird that the US hands off any regulation of these mega financial companies to a consortium of mega financial companies that is the Fed.

[–]magnora7[S] 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

Yeah. It's regulatory capture, cleverly disguised. Just like communism! Or any form of authoritarianism, really