Hit piece, yes.
What we are seeing is simple:
1. The President of the firm knew that something was wrong with TARP.
2. The Investment Exec. was “on board” with the Federal solution.
3. The President was barred by Fed Regulations from speaking his mind and was, in fact, compelled by law to sign his name to a document he disagreed with and was prevented by law from saying so.
What we see here is why Fed regulations are so evil and stupid.
Few simple-minded ‘folks’ and LIVs will know the difference, though.
Hardly goes there (National Review) anymore.
Your list does not quite fit the facts of federal regulations. No man can be forced by the government to mislead investors.