Pension Scandal Is Failure to Fix What’s Broken: Amity Shlaes

"What’s going on here? There’s no evidence in the report that Millard really did seek a job at the three relevant firms. Over the longer run, the lawyers will figure out whether Millard really broke rules. What’s striking, though, is the contrast between the alacrity of investigation in this case and the decades of congressional delay in reforming an insurer obviously heading toward budgetary disaster."