DOJ and Treasury Schooled by College Athletes

By: Saturday August 9, 2014 9:00 am

First it was former Northwestern University quarterback Kain Coulter and his football teammates taking a chunk out of the NCAA, and yesterday it was former UCLA basketball player Ed O’Bannon and 19 other former college players. They did what few thought possible in going after a Too Big to Challenge institution, and won.

You know, the president is a sports-loving guy. Imagine what would happen if he called the attention of the DOJ and Treasury to these college athletes: “This is how you go after Too Big To Challenge institutions.” . . .

 

Richard Posner Explains SEC Refusal to Act in Lehman Brothers Case

By: Monday September 9, 2013 4:00 pm

Judge Richard Posner says that criminal law is for the little guy. The SEC agrees. The Department of Justice agrees. Barack Obama agrees. Larry Summers agrees. Who are we to criticize?

Report: Revolving Door At SEC Killed Reforms, Mary Jo White Case In Point

By: Tuesday February 12, 2013 7:49 am

A report by the Project on Government Oversight (POGO) finds that the incestuous nature of the SEC-Wall Street relationship caused reform efforts in the money market fund industry to fail.

Tough Prosecutor or Servant of Wall Street?

By: Sunday January 27, 2013 10:54 am

Mary Jo White has a history of tough prosecution and strong representation of her Wall Street clients. Tough is good.

SEC Head Nominee Mary Jo White Facing Scrutiny

By: Friday January 25, 2013 6:33 am

Yesterday President Obama nominated Mary Jo White to head the Securities and Exchange Commission. The administration and establishment media highlighted White’s experience as a prosecutor and hinted at the possibility of a more aggressive SEC. But now that there has been time to digest the nomination there seems to be some familiar problems.

Obama Nominates Mary Jo White For SEC Commissioner and Richard Cordray to Head CFPB

By: Thursday January 24, 2013 2:15 pm

President Obama announced his nominees for heading the Securities and Exchange Commission and the Consumer Financial Protection Bureau today.

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