Regulation vs. Taxpayer Subsidies; Lessons of the Mortgage Meltdown

or, alternative title from the Gulag... Plenty of Harm, How 'bout a Foul? In a recent video featuring former finance regulator Bill Black exposing fraud and corruption in major financial institutions, the GOP is seen as sticking to a highly questionable philosophy of non-regulation of finance even in situations where non-regulation leads, directly or indirectly, to implementation of taxpayer-paid bailouts and … [Read more...]