True That

July 21, 2008

Just when you thought things couldn't get any worse--at least in the land of cold, hard facts like a quarter-of-a-trillion-dollars in bank write-downs, a complete breakdown of risk-management capabilities and a credit crisis that still may be closer to its beginning than its end--along comes the maddeningly, utterly embarrassing fiasco that is our regulators focusing on gossip.

The full article is available to IDD Magazine subscribers only

Already a print subscriber? As a print subscriber, you are entitled to online access. Please click here to activate your account.