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The Economist: Interchange Fee Caps Benefit Large Retailers at Consumer Expense
Surprise! Price controls lead to unintended consequences—including transfers of wealth to parties who lobbied for those controls. That’s the actual – and unsurprising – result…
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See Me at San Francisco Crowdfund Banking and Lending Summit
My colleague Wayne Crews’ Forbes column Monday explained “How Entrepreneurs Can Speak Out About the Cost of Regulation,” but noted sadly that “businesses that never form…
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For Fannie and Freddie Reform, Transparency Is a Must
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You’re a SIFI, Charlie Brown
“Good grief!” That’s what the Charlie Brown, star of comic strip Peanuts and cartoon spokesman for the MetLife insurance firm, might say about the government’s…
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Eric Holder Avenges Investor Fraud by Taking from Defrauded Investors
“Bank of America failed to make accurate and complete disclosure to investors and its illegal conduct kept investors in the dark,” declared a government official…
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Subprime Auto Concerns Caused by Government Intervention
Should we worry about a crisis in subprime auto loans? That question has been asked in the financial media lately. My answer is yes, with…