Elise Amyx recently published an interesting post about the Dodd-Frank Wall Street Reform and Consumer Protection Act, focusing on financial regulation. Another interesting look at regulation concerns the “Ponzi scheme” that Bernard Madoff was apprehended for three years ago. Continue Reading...
“Power permits people to do enormous good,” Lord Acton once said, “and absolute power enables them to do even more.”
This wisdom from the nineteenth-century’s champion of state prerogative applies as well today. Continue Reading...
In “Betrayed by Madoff, Yeshiva U. Adds a Lesson,” the New York Times interviews students and teachers at the New York University which was closely linked to Bernard Madoff, the financier who has been charged by federal prosecutors with orchestrating a $50 billion Ponzi scheme fraud. Continue Reading...