Your editorial (March 5), "The Games Business Plays," is all too typical of the current thinking that someone else, in this case government, should be the one responsible for a given problem.
Shareholders have the responsibility for their company, as they are the true equity owners. They have a responsibility to look after and elect board members who hire management to run the company correctly. The public should not be asked to subsidize shareholders who cry foul after the fact that current management has run the company into the ground.
If people are willing to take the risk to earn from owning shares, they must also risk losing, for nowhere is it written in business that you can only win. There will be losers. The folly of increased government regulation can only be seen for what it is today: self-serving.
Most government agencies all too often look to the public problems and interest as nuisances rather than their primary goal. All too often government managers, like private business managers, hide behind personal sub-goals (personal advancement, hiding problems), all to make a given situation look better than it really is. The public or shareholders, in each case, will only receive what they demand and expect.