"If these allegations are true, and maybe they aren't, this is simply the worst behavior in finance by a large firm I have ever seen. I taught securities law for six years. I wrote about financial fraud for Barron's and the New York Times for many years. ...
In a world in which young Americans are
fighting terrorists in Iraq and Afghanistan, is there any limit
to what financiers here at home can do? And if there aren't
adequate limits, why don't we have them, and soon?"