So Sue Me
What's the best way to punish corporate criminals? With lawsuits, not prison sentences.
By Daniel Gross
Excerpt...
As for cops at the SEC, they may talk tough and hold flashy press conferences when they nab insider traders. But in the global scheme of things, they may not be so important. "When we try to understand specifically what works in securities laws, we find that several aspects of public enforcement, such as having an independent and/or focused regulator or criminal sanctions, do not matter, and others matter in only some regressions." In other words, "Public enforcement plays, at best, a modest role in the development of stock markets."
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AT-A-Glance
My name is Phil Dhingra. I'm an independent iOS app developer. My latest app is Nebulous Notes. You can check out the rest of my apps or read more about me.
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What went Viral
2/2011 - What's it like getting DNA test results.
2/2011 - 8 life-changing results from meditation.
7/2010 - RealOrFake3D.com is a handy list for separating the real 3D films that were shot/rendered natively in 3D from the fake ones that weren't.
6/2010 - How I would re-design Facebook and Twitter.
12/2009 - 20 Things I Don't Like About the Droid (phone).
10/2009 - A Prison Population Graphic that shows how America is NOT the land of the free.
5/2009 - A reddit roundup in response to the question, Which of our own closely held beliefs will our own children and grandchildren by appalled by?
8/2006 - A flow chart explaining the Tangled Web of Syriana.
7/2005 - A droll summary of conservative Bernard Goldberg's book, 100 People Who Are Screwing America
7/2005 - What is The Perfect Album, according to Plastic, a web community.
11/2003 - I created some free-form blogs in excel.
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