The Poor Get One Strike; Banks Get Thousands – Frank Pasquale compares the fate of rich people engaging in massive organized fraud to that of poor people who have the misfortune to be present when someone else commits a crime.
Japan’s Secret Plan to Dominate the World – Kevin Drum wants to know if there is anything to this amazing conspiracy theory, based on a claim that bureaucrats intentionally understated the health of their economy.
SEC Announced Latest Chump Change Settlement With GE Funding The Friday Before Christmas. Hmmm… Crooks & Liars’ SEC Whitewash Watch.