Did we imagine that it was not going to occur to anyone to have the government start using its big new stakes in banks and other commanding heights of the economy to, as it were, command? (David Frum, Oct. 30).
Chronicling the high cost of our legal system
by Walter Olson on October 31, 2008
Did we imagine that it was not going to occur to anyone to have the government start using its big new stakes in banks and other commanding heights of the economy to, as it were, command? (David Frum, Oct. 30).
Tagged as: banks, Crisis of 2008

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Nice find. The notion that the government can send its own employees to shareholder meetings and at once both complain that its ROI is not strong enough and also launch an SEC investigation is unsettling. I imagine a political cartoon of a judge telling the accused, “You’re under arrest – any last words?”
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