BEg2 Baedeker / captive regulator

Michael Bailey michael.lee.bailey at gmail.com
Sat Nov 20 19:58:17 UTC 2021


A) Pynchon seems to have done a Baedeker type sourcing thing with ACFE
material - is what I was driving at & hoping somebody would know more about
the specific financial things - which afaik aren’t all that widely known

B) he seems to have taken an interest in ACFE to the point of lampooning
their logo and having Maxine emote, albeit briefly, as intensely about her
relationship with them as she ever does about her marriage. Maybe more so.

C) while this stuff was there for trained eyes to see, the SEC was and
remains a somewhat captive regulator, rubber stamping all but the most
egregious abuses - & sometimes even rubber stamping those (eg Madoff)


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