The Blind Leading the Blind, or Why I Don’t Do Humor
Via alea‘s Twitter feed, the Office of the Comptroller of the Currency—the people who were specifically selected by the company to regulate AIG—has launched a Financial Literacy campaign.
(Full disclosure: I have, in the past, had discussions with the OCC. I won one and lost one.)
ken:
Comptroller is the new regulator as the OTS was the one auditing them when the place blew up?
The OCC might as well educate everyone after they have been snookered, have no more money, and for the next time.
“provide information on personal finance issues such as avoiding foreclosure scams and check fraud, and understanding reverse mortgages.”
There is a whole new service industry springing up after 2008, service related, and in the financial field. Job growth guaranteed for the next few years.