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This is a tumbling log of things and thoughts that pass my way.
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"A federal judge in New York on Monday threw out a settlement between the Securities and Exchange Commission and Citigroup over a 2007 mortgage derivatives deal, saying that the S.E.C.’s policy of settling cases by allowing a company to neither admit nor deny the agency’s allegations did not satisfy the law."
Judge Blocks Citigroup Settlement With S.E.C. - NYTimes.com. YES YES YES! What you call “activist judges”, I call “checks and balances”.
