A Legal Scholar Overreaches From The Bench

December 1, 2011

By rejecting the SEC’s settlement with Citigroup, a federal judge has appointed himself to enforce federal securities laws. He overreached.

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Loose Change

December 8, 2009

You know that good feeling you get when you put on your warm jacket for the first time in the season, reach into the pocket and find a $20 bill you didn’t know you had? President Obama knows that feeling. Just when he was under pressure to do something — mainly, to spend money — to reduce unemployment, his administration reached into the pocket known as TARP and pulled out …

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Congressional Kangaroos Hold Court

June 30, 2009

The kangaroos are holding court on Capitol Hill, where a House committee suspects Federal Reserve Chairman Ben Bernanke of preventing another economic train wreck. Bernanke was perp-walked last week in televised hearings that explored his role in the acquisition of Merrill Lynch by Bank of America. (In case you don’t know the term, a perp walk occurs when the authorities parade an arrested suspect, usually handcuffed, in front of news …

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