Romney vs. Obama on Regulation and Big Money
Reading Time: 3 minutes Are Romney and Obama essentially the same? Not on everything, that’s for sure.
Credit Where Credit Ain’t Due
Reading Time: 2 minutes Two large debit-card issuers have suddenly decided to clean up their acts in the face of pending legislative action against them. The bigger question is: what’s to prevent them from pulling a bait and switch, first voluntarily revising their rapacious practices and then, when the threat of legislation dies down, ramping those practices right back Read More
Florida Regulators Aided and Abetted Stanford
Reading Time: 2 minutes The Miami Herald published a long investigative piece about how Sir Allen Stanford, whose Antigua-based banking empire has been shut down as a massive fraud, was able to open a Miami branch in 1998 free from regulatory oversight, with the approval of Florida banking regulators. Stanford got his regulatory-free branch—one of his most lucrative franchises—despite Read More