Friday, August 24, 2012

THE LOBBYISTS AND US

TRANLATED FROM THE BLOG DE PAUL JORION, 24/08/12
 
In the Wall Street Journal today :
A new American law requires US-listed companies to mention on products containing certain minerals that their extraction fuels conflict in Central Africa

Too expensive for businesses, said the lobbyists! Get rid of it !
The Securities and Exchange Commission (SEC), the financial regulator in the US, has developed a host of measures designed to prevent a repetition of the collapse in short-term money markets, which cost American taxpayers more than six hundred billion dollars, plus a few hundred billion Euros for European taxpayers.

 Too expensive for the banks, said the lobbyists! Get rid of it!

No comments:

Post a Comment