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Given that the Consumer Financial Protection Bureau was created to protect consumers from future financial industry abuses, isn't it obvious that the Bureau would favor consumer groups?
In challenging new consumer-protection rules, opponents will claim that the CFPB was too cozy with consumer groups
That's the thrust of this American Banker article (possibly behind a paywall). Here is an excerpt: Consumer groups have long denounced the influence of big banks and for-profit companies on agency rulemakings, often pointing to the number of meetings held between regulators and institutions abou...
If he fails to pay, can liens be placed on his US office, hotel or golf interests?
Bloomberg: Thousands of Trump University Students Sign Up for Refunds
Here. More than half the class members have submitted claims. Claimants are expected to recoup 80% of what they spent. The article attributes the high participation rate to the publicity the case garnered as well as the amounts individual claimants have at issue, as much as $20,000.
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Dec 10, 2011
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