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    Critics Resort to Canned Rhetoric in Goldman Sachs Attack

    Goldman Sachs and other big banks have been accused of costing American consumers more than $5 billion over the past three years through its dealings in the obscure business of warehousing aluminum. These dealings were the subject of a Senate hearing on July 23. The rhetoric level was high, exemplified … More

    Obama Picks a Prosecutor: Mary Jo White Appointed to Head SEC

    President Obama, moving quickly to complete the lineup for his second-term regulatory team, nominated attorney Mary Jo White yesterday to chair the Securities and Exchange Commission (SEC). The selection is a critical one, as the agency is still struggling to complete the rulemakings required under the Dodd–Frank financial regulation act, … More