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Corporate & Securities Law

: BusinessAssociationsBlog.com

Misunderstanding Deregulation

By Stephen Bainbridge

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Henry Manne sent along this email, which I thought worth passing along: Tyler Cowen recommended a blogger who said: ?Back in April 2004 the SEC voted to loosen the capital rules for the five biggest Wall Street investment banks. In retrospect, this was a very bad idea indeed, and it was a bad idea for precisely the reasons that have caused our financial problems to become so dire: it allowed...

[continued on site]

Full post as published by BusinessAssociationsBlog.com on December 03, 2008 (boomark / email).

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