I don't get it. If state pension funds are invested in stocks where's the incentive to regulate the very companies you depend on for growing your portfolio? If a state pension fund holds millions of shares of Lehman or whatever bank du jour and you let them file bk, what's the news pfftttt. it was only 1% of our portfoilio? OWS, you're protesting against your self interest. Perhaps we need a balance or the appearance of equitable rules between wall street and main street.
US companies are evading taxes by opening/operating an office in Ireland. But US citizen must pay income tax to US Gov if he is working in Ireland. Insider trading is legal to US Congress members. And insider trading is illegal to US Citizens.