>> Since market information is not filtered through the government but through
>> the market itself, exactly how does that work?

> Exactly how does what work? Government regulation? Not very well.

But evidently better than none, or as it was - the pretence of self
regulation.

Investment managers didn't bother to evaluate the risks of what they
were doing because their personal wealth was not at risk, nor even -
ridiculously, was their re-numeration.
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