There’s been complaints that the Obama administration has not done enough to reel in the finance industry in the U.S. after last year’s debacle. The implication is that nothing has been done and therefore nothing will be done. While this is a small thing, the fact that the S.E.C. Seeks to Ban Computerized ‘Flash Trading’ (NYTimes.com) is at least baby steps in the right direction of smartening up the financial industry for their (and our) own good. I hope we see more regulation and governance soon.
Smart People I Know 