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The Spectacle Blog

My favorite choice for Vice President, Chris Cox, had an excellent column in yesterday's Wall Street Journal, here. It's actually a bit dry and perhaps too jargony for a general audience, but it shows his admirable seriousness of purpose, thoroughness and thoughtfulness. It's about how the SEC should move forward in its oversight of investment banks in light of the Bear Stearns mess. I would note that the SEC had no direct statutory authority over investment banks before, but that it did its job of protecting the cash of Bear's customers.