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Rule of Law Hurts Economy

MONEY PIT, GOLDMAN SACHS HQ – With the stocks of Wall Street’s largest banks suffering in the wake of the Federal Housing Finance Agency’s lawsuit, some market experts and government policymakers have recently criticized the rule of law as harming the broader economy.

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Banks Promise Not to Fail Again

DERIVATIVE NURSERY – After many months of intense behind-the-scenes negotiations with Congress, those prominent banks which were being designated “too big to fail,” and hence received federal bailout funds, have promised not to fail again. The promise, a completely nonbinding and optional agreement, has gained