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by conductr 5 days ago
It's insane to me that regulators are just letting the forced bid hack unfold with their heads in the sand as if they are unaware of what's happening or the press it's receiving.

Sometimes there are clever ways to hack the system and the regulators can react and blame poor hindsight, that's not the case here.

3 comments

Not that surprising. Reining in regulators is one of the main pillars of the party in power.
Yeah I say that knowing the why, but it doesn’t make the slow motion train wrecks around me any less painful to watch. Makes it more painful actually
The administration has given their orders to the regulators, whether explicit or implicit, and this is playing out exactly as they want it to. This is not "by accident" or "by negligence". This is by design.
US checks and balances no longer function and with it went sane regulation