Admitted Drug Money Launders HSBC are going back to court. This time the firm will not be apologizing for helping Mexican Drug Cartels or 9/11 Hijackers evade the law but for predatory lending targeted at minorities.
|By: DSWright Wednesday December 26, 2012 12:40 pm|
|By: Jon Walker Wednesday January 6, 2010 12:55 pm|
The only “uses” for regional subsidiary exchanges within a single state that I can think of would not be for the benefit of the general public. Subdividing already small state-based exchanges would allow insurance companies to keep premiums higher by reducing the bargaining power of individuals. It could allow several insurers to be active in a single state while avoiding direct competition with each other by only offering plans in different subsidiary exchanges. Most insidious, the regional subsidiary exchanges, in theory, could be used to redline minorities and low income communities.