The Divide: American Injustice in the Age of the Wealth Gap Highlight

It can be tempting to tangle with prominent institutions. But chasing headlines and solving problems are two different things. The question is what will do most good—where our focus should be. And the record seems to suggest that we can do most to protect smaller, unsophisticated investors by focusing more attention on smaller entities. In other words, we’ve got a limited budget, and there’s a bigger degree of difficulty in going after big banks with powerful lawyers. Therefore the SEC shouldn’t give in to the “temptation” of tangling with big banks because, rhetorically speaking, those shots are harder to make. Better to go for uncontested dunks and lay-ins than heave deep threes at the buzzer. This is coward’s language.