81. They are up first, so they have time to run about, get memos signed and make rules for the rest of us. 82. They make the rules. 83. This was about people with a lot of gold who thought they could go and make the rules. 84. Those who make the rules have become extremely paranoid of those who break them. 85. Two commissioners were absent that day, and the window for making rules closed shortly thereafter. 86. Unfortunately, the rules are not made by anyone sharing their profile. 87. Walls does not make the rules for the BCS, but he discussed several contentious questions. 88. Usually, he estimated, making a rule more uniform would mean no more than tens of thousands of dollars a year gained or lost by the state. 89. What is it and who makes the rules? 90. When the SEC chairman raises red flags, however, the securities industry salutes, often changing practices rather than waiting for regulators to make new rules. |