William Cohan is showing us the true mission of journalism: expose ethical breaches (instead of confusing people with noise or cause them to take foolish risks). He has what very few journalists have: courage. No other journalist had the guts to expose the Alan Blinder problem (I know, since when I went to the FT, they said “no interest”).

Where Bank Regulators Go to Get Rich
www.bloomberg.com
Mary Schapiro, the former chairman of the Securities and Exchange Commission, must take us for fools.

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