From NPR’s award-winning program, Marketplace, commentator Amelia Tyagi:

The crash of the financial markets and the pile up of investment scams have some people asking — Where were the regulatory agencies in all of this?  Amelia Tyagi says financial products need to be regulated as strictly as the drug, toy and cosmetic industries to prevent further meltdowns.

“We’re still regulating consumer finance like it’s 1699…”

Listen to the whole Commentary here.  Copyright 2008 American Public Media, All rights reserved.