Is Geithner’s attack on venture capital a necessary protection or another opportunistic power grab?
Martin L asked: Please read the article before answering:
http://online.wsj.com/article/SB123923644886203393.html#mod=djemEditorialPage
Exerpt from the article giving Geithner’s justification for the draconian regulations:
“In justifying new SEC registration requirements, Mr. Geithner said that Bernie Madoff’s Ponzi scheme demonstrated that investors need more protection. He didn’t mention that Madoff’s firm was registered with the SEC as an investment adviser and had [...]