Thedifferentialprotection for power transformers features lessratioofproperactuation and slow response, becauseitseverely suffers from falsedifferentialcurrentcaused bycoresaturation.
While we should try to improve mortgage standards and deal with the specific problems that the crisis has brought to light, the wholesale regulation of the financial system, based on the false premise that the core of the system is flawed, would give us the worst of both worlds: no growth and no stability.
The government's core allegation is that Mr Skilling used accounting trickery, false public statements and other devices to inflate Enron's share price, thereupon cashing in his share options.