We didn't discover until after it was too late that there weren't enough provisions focused on accountability of the funds, as well as mandates to ensure banks didn't sit on the cash to buy other banks but instead used it to open up the credit lines.

CNN: Commentary: Focus on first 100 days is absurd

We were late coming up from the dive and it was a bit dark - maybe they just weren't seen.

BBC: Warning over deep-ocean stowaways

"We want to see if market timing and late trading have enriched mutual fund companies, penalized investors who weren't involved and if so how and whether it can be quantified, " says Peter Harvey, the New Jersey attorney general.

FORBES: States To Move Against Mutual Funds