A reader writes:
What scares me is the realization that the Romney apologists are not simply being political here. They seem honestly perplexed that people are making a big deal over the fact that Romney said under oath that he was the CEO of a company for three years that he also said under oath he wasn't managing.
Because, to them, it is not a big deal. It's just how things work when you are dealing with a "complicated" business and annoying government regulations. Those who work in (and report about) corporate finance have completely bought into the idea that what they do is way too important and complicated for the general public or a bunch of government regulators to understand. So they play by their own rules – which are only tangentially related to the actual laws on the books meant to keep the system running and protect the public.
And that's how you end up with the biggest financial crisis since the Great Depression.
The Dish 