Jan. 4 (Bloomberg) -- On the surface, the year 2011 was one
of ramped-up securities regulation and scary times for financial
scammers, with enforcement cases soaring at the U.S. Securities
and Exchange Commission and coverage galore about the humbling
of inside traders and municipal-bond riggers.
Along with the sexy headlines about felled lawbreakers,
though, there were also troubling free passes and favors granted
to the accused and the privileged.
