Good thing we live in America, huh?

A friend, who is a business writer, sent me this AP story out of London about British media facing a banking crisis inquiry.

(The AP frowns on reprinting their stories, so I can't do it.)

In summary, "an influential group of British lawmakers" will hold an inquiry into the role the media played during the recent banking crisis (what ... it's over now?) and whether journalists should be "partly gagged in periods of market volatility."

Now I'm all for restraint, but this is - as my friend puts it - absolutely terrifying.