BEg2 Baedeker / captive regulator

[Mark Kohut]

I would think part of Pynchon's meaning is, is it can't be seen unless
someone is looking for it.

On Sat, Nov 20, 2021 at 7:41 PM rich <richard.romeo at gmail.com> wrote:

> re: C) not sure if rubber stamp is the right term. The SEC is perpetually
> underfunded and the market is way ahead of regulators in resources, talent
> and, for lack of a better word, innovation. They are always playing catch
> up.
>
> rich
>
> On Sat, Nov 20, 2021 at 2:58 PM Michael Bailey <
> michael.lee.bailey at gmail.com>
> wrote:
>
> > 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)
> > --
> > Pynchon-L: https://waste.org/mailman/listinfo/pynchon-l
> >
> --
> Pynchon-L: https://waste.org/mailman/listinfo/pynchon-l
>