It looks like at least one regulatory agency has gotten its collective ass together and is getting on with it. Progressives and liberals, take note: I actually support this sort of thing 100%. I strongly believe there are a whole bunch of people who should be on trial right now over the 2008 fiasco who are instead still yukking it up on Wall Street. In an expanding, innovative economy like we usually have when grownups are in charge*, I don't think we can prevent bubbles from happening. I do think we can stop them from happening again, and this is how it's done.

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* I.e., not right now.