The power of III

Summum ius summa iniuria--More law, less justice

19 January 2011

The fox guarding the hen house

NYT--"The Securities and Exchange Commission has announced that Eileen Rominger, the global chief investment officer of Goldman Sachs Asset Management, has been named its director of investment management."

A Goldman Sachs executive set to supervise a division of the SEC is like the U.S. Supreme Court being the final arbiter of the limits of the U. S. Constitution (should be up to each State -- original party to the compact of the Constitution).  

Each will do what is in its own interest.

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