Saturday, April 25, 2009

SEBI as a regulator

Very enlightening discussion with SEBI Chairman CB Bhave on how the Global meltdown, Satyam, Pyramid saimira and others were handled. The highlight to me was how well the financial regulators and ministries work together to tackle crises, while the other arms of the govt (especially the ones handling homeland security) compete to bring the each other down. Why is this?

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