Category Archives: Legal

Financial Regulatory Rollback Proceeds

No new legislation is necessary for financial regulatory rollback to proceed. Enforcement priorities fail to target Wall Street.

Neoliberalism Booster New York Times Egregiously Misrepresents French Labor Laws

The New York Times’ latest dubious achievement: how many lies it managed to tell in a single story about French labor laws.

Fiduciary Rule: Helps Not Hurts Wall Street, So Full Rescission Unlikely

WSJ says fiduciary rule helps Wall Street, so rescission unlikely. But still may be better for retail investors than previous status quo.

In First 6 Months Under Trump, Polluters Already Paying Lower Fines to EPA

EPA enforcement of federal clean air and clean water laws drops off, yielding lower fines; trend looks only likely to accelerate.

Uber: “Battle to the Death” in Benchmark/Kalanick Power Struggle

The fight over Uber would normally be mistaken for a Punch and Judy show if there weren’t so much money at stake.

Uber Descends Into Even More Turmoil With Benchmark Suit v. Kalanick

The war for control of Uber gets uglier…..

Facebook Now Out to Squish Even Newbie Potential Competitors

The Wall Street Journal gives a case study on how Facebook hounds even small fry competitors.

More Brexit Confusion: UK Judges Can Use New ECJ Precedents Post Brexit

The UK is trying to have it both ways on ECJ rulings post Brexit in a manner that seems destined to create a mess.

The US Antitrust Counter-Revolution

In case you doubted it, diminished antitrust enforcement, a rise in monopolies, and increased inequality are related developments.

Payday Lending and the CFPB: Another Pending Cordray Fail

CFPB director Richard Corday’s failure to push for a payday lending rule earlier means we’ll see no rule, for the indefinite future.

Bill Black: Subprime Auto Loan Defaults on the Rise

Black discusses subprime auto lending and the failure of federal banking regulators to regulate– a problem that didn’t originate w/ Trump.

Private Equity Firms Sued Over Retailer Bankruptcies

Private equity is getting more critical coverage and legal pushback, as it wrecks yet more companies.

SEC Punts on Unfinished Dodd-Frank Agenda, Thus Avoiding Congressional Review Act

The biannual statement of the SEC regulatory agenda quietly deep sixes some long-pending measures, saving them from CRA challenge.

House Votes to Overturn CFPB Mandatory Arbitration Ban

House takes first step to kill mandatory arbitration ban; Senate and Trump will follow. Why did the CFPB wait so long to act on this issue?

US to Bar its Citizens from Travel to North Korea: What Comes Next?

Today North Korea, tomorrow– who knows? US ban on travel by its citizens to North Korea revives a problematic Cold War practice.