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The Big Boys of Financial Crime
by Ralph Nader (CounterPunch)
The Committee on Capital Markets Regulation (CCMG) is making thirty-two recommendations, expected to be the goal of a big lobbying effort on the Securities and Exchange Commission (SEC) and the Congress next year. According to Ralph Nader: The Big Boys want to make lower standards overseas an argument for starting a race to the bottom, in order for the U.S. financial markets to remain "competitive."

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