Professor J. Scott Colesanti authored the following article in the New York Law Journal.
The SEC’s Comment Policy and the Economic Crisis
February 20, 2009
As the Obama administration seeks to counter the thousand natural shocks that it is heir to, there expectedly springs an optimism that seeks to ignore that which cannot be undone. For as the grand Bard of Avon advised, “What’s gone and what’s past help should be past grief.” But then again, Shakespeare probably never sank his savings into an exotic investment marketed via a questionable analyst rating or watched helplessly as short sellers pitted his portfolio.