He was allowed to drown because uniformed officers on the scene were held back from helping by rules and regulation, defined by a spurious idea of health and safety.
In the startup world, the tech economy certainly feels as if it has potential to see long-term growth, and if history is an accurate predictor, human capital will far outweigh rules and regulation.
Most hackers have no rules or regulation and when someone comes in the room they do not jump up and salute.
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SEC, he pushed not only for stiffer penalties and more rules but also for more regulation of hedge funds and stock exchanges, as well as the possible regulation of rating agencies.
They will oversee the writing of new EU rules on financial supervision and regulation.
David Cameron has said he could push for a renegotiation of existing EU rules on employment and financial regulation at an appropriate time in the future.
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Mr Cameron, who describes himself as a "practical eurosceptic", has said he could push for a renegotiation of existing EU rules on employment and financial regulation at an appropriate time in the future.
Mr Cameron, who also met European Council President Herman van Rompuy on Wednesday, has said he could push for a renegotiation of existing EU rules on employment and financial regulation at an appropriate time in the future.
That makes it a domestic political issue to be dealt with through new regulation and rules and the exemplary application of existing ones.
The right is generally happy to devolve decisions about education or health care to the states, notes Charles Fried, a professor of law at Harvard and former solicitor-general, but not product-liability rules and other forms of business regulation.
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These companies, and some unions that see the rules as a potential economic catalyst, say that the industry has had years to prepare for tougher regulation and that the rules will generate jobs for workers who make, install or operate pollution control equipment.
Colleges feel burdened by federal regulation and believe many rules could be eliminated without harming students or taxpayers, according to a new survey of senior college executives and administrators.
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The right government shoe policy is no policy: the shoe industry should be governed by the same general rules of property, contract, environmental and safety regulation, and so forth that govern every other industry.
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We need to just calm down, let this play out with the new regulation, the new capital rules, and at that point then figure out which businesses to accelerate, and which businesses to slow down.
The centre-right European People's Party (EPP) - the biggest grouping of MEPs - calls the new rules "the most comprehensive and most far-reaching banking regulation in the history of the EU".
Establishing a direct link between regulation and firm size is tricky, as different rules apply at different-sized thresholds.
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Finally, it may try to design a new system of global regulation of finance, but it would first have to reach a consensus on what the principles of regulation should be, and whether these should override existing rules, such as the Basel Accords, which regulate banking.
Amidst all the cacaphony of voices calling for some form of government regulation or rules to control Microsoft's growing dominance in operating systems and Internet browsers, one option was completely overlooked.
Under the changes to the SEC's Regulation Fair Disclosure rules, firms will have to note on their websites and press releases that they will use social media to make future announcements, to ensure that all shareholders are made aware.
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So far, regulation of the technique is somewhat haphazard, with strict rules in some countries and a free-for-all in others.
Google and MoveOn.org would get "net neutrality" rules, subjecting the Internet to intrusive regulation for the first time.
As a result the new rules may weaken the management of rescued banks just as low pay arguably weakened regulation and helped cause the financial crisis.
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However in the debate on 28 March 2012, Austrian Socialist Evelyn Regner said that self-regulation had "failed", and said there needed to be "binding rules and sanctions".
Polls show that although most Europeans support the idea of unity, they dislike and disdain euro institutions, particularly regulation-loving bureaucracies in Brussels that spew out rules covering all aspects of life, such as what constitutes a banana or how loud a lawnmower can be.
But differing state rules, state taxes and the cost of multi-state compliance have helped prompt a push for federal regulation.
The scandal has created a split between nations like Britain which see further rules as a protectionist hindrance of free trade under the bloc's single market, and those calling for tougher regulation.
Here, their anxiety is not about future legislation or regulation, but the enforcement of existing rules as well as the overall impact of security breaches on reputation and revenue.
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But as a new study conducted by the Searle Center on Law, Regulation, and Economic Growth and distilled in a recent Washington Legal Foundation Legal Backgrounder demonstrates, these rules have not kept up with technology.
Over the last decade, this agency has become emblematic of a failed philosophy that views all regulation with hostility -- a philosophy that says corporations should be allowed to play by their own rules and police themselves.
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