Here. An excerpt: [The Chamber] slammed the U.S. Securities and Exchange Commission for sometimes pursuing violators of securities law in the comfort of its in-house courts rather than try the cases in the public courts. There are "substantial differences" in the processes used in the two forums, the Chamber's Center for Capital Markets Competitiveness wrote […]
Looking in particular at the Consumer Financial Protection Bureau's complaint process, that's the issue addressed by law prof Angela Littwin in Why Process Complaints? Then and Now. Here's the abstract: The creation of the Consumer Financial Protection Bureau (CFPB) established the first comprehensive federal forum for processing consumer complaints about financial products and services. The […]
As NPR explains this morning, your chances of winning the $1.4 billion Powerball jackpot are 1000 times worse than picking a particular penny out of a stack the height of the Empire State Building.
The Post reports that some local police now calculate a person's "threat score" by combining information from social media, drone surveillance, and cameras. Read about it here.
So opines the Washington Post, here.
A scary statistic. The Post has more on what it means and how it has come about.
The Times explains: The number of uninsured Americans has fallen by an estimated 15 million since 2013, thanks largely to the Affordable Care Act. But a new survey, the first detailed study of Americans struggling with medical bills, shows that insurance often fails as a safety net. Health plans often require hundreds or thousands of dollars […]
Vox has this article by writer Harold Pollack on the CARD Act, the credit-card industry, and the value of paying off credit cards every month.
On Monday, the Consumer Financial Protection Bureau released its annual report to Congress on the work of the agency from October 1, 2014 – September 30, 2015. If you missed it then (as I did), the report is here.
…is the headline of this week's NYT story about internal emails at the manufacturer whose airbags have been the subject of a recall after federal regulators recognized that they had the potential to explode and shoot debris at passengers. A taste of the article: “Happy Manipulating!!!” a Takata airbag engineer, Bob Schubert, wrote in one […]