Haplocanthosaurus, where it belongs. Cleveland Museum of Natural History Since U.S. states abandoned their old laws that curb corporate power, many corporations have become dinosaurs — huge beasts that have outlived their time, but that keep on stomping through the…
“It was like someone poured molasses on the enforcement division,” said one manager about the Bush II Securities and Exchange Commission (SEC) during the chairmanship of Christopher Cox.20 As financial fraud raged on Wall Street, Cox’s management slowed financial law…
(Expletives not deleted.) After his stint on Wall Street, Michael Lewis wrote Liar’s Poker, a famous book that gave an inside story of the high-rolling Wall Street of the 80’s, with its exorbitant salaries and careless handling of investors’ money.…