This is the first probe to consider whether regulators are "captured" by banks they monitor.
U.S. Senators Rand Paul (R-KY) and Bernie Sanders (I-VT) seem to have very little in common. They are in different generations, running for the nominations of different parties, and seem to be on the exact opposite of the ideological spectrum.
Why is America not in the Top 20 in the world in wired or wireless broadband speeds? Why are America's communications prices higher than many other countries? Why is there no serious competition -- and how do we fix this mess?
One story that has everyone outraged is that of Turing Pharmaceuticals, run by Martin Shkreli. He took the price of the 62-year-old drug Daraprim, used to treat toxoplasmosis in HIV patients, and raised it to $750 a tablet. How is he getting away with this?
The middle class no longer has a voice. We now have zero influence on our own government.8 For the middle and working classes, we're back to where this nation started: Taxation without representation.
"Regulatory Capture" is when an industry takes over the regulatory agency that is supposed to be doing oversight of the companies' business practices and is supposed to be protecting the Public Interest.
And sweet fancy Moses, did they ever lay the wood to those folks they convicted! Per the AP: "Over objections from the defendants
To privatize, or not to privatize -- this is a fundamental question facing the Philippines, and many other similarly-situated emerging markets, which face increasingly unaffordable public services after decades of aggressive privatization.
AT&T, with the help of Verizon and the cable companies have 'captured' the FCC -- and have been able to get the federal agency to create and shape a working group designed specifically to remove all regulations and obligations.
Before the S.E.C. charges, Egan-Jones was best known for two things: having made some bold calls about shaky credit prospects