These are headlines from today’s front page of The New York Times‘ Business Page:
- Geithner Tried to Curb Bank’s Rate Rigging in 2008
- Internal Failures [money laundering] Disclosed At HSBC
- At Peregrine Financial, Signs of Trouble [$215 million missing] Seemingly Missed for Years
These are not from the police blotter, but just today’s news from the financial sector. Mitt Romney thinks we need even fewer controls over our financial institutions, despite headlines such as these, the Libor scandal, and the terrifying news from the 2008 economic collapse involving – of course – some of these same players.