Ive been asking that question for almost a year now (see also here). Craig Pirrong is asking the same question after Geithners comments about American business to a group of reporters at breakfast this past week. Meanwhile, Larry Ribstein reviews the politics of supposedly objective governmental regulation. Frankly, given abysmal leadership provided by both the Bush and Obama Administrations, its a testament to the resilience of American business that the economy hasnt tanked worse than it has. [
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