The Government Agency That Should Fine Itself

This just in from the "It Couldn't Possibly Get Any Worse" Department: The first wave of checks from the bungled foreclosure abuse settlement landed in mailboxes around the country this week, but when people tried to cash them, a number of them bounced. I don't know about you, but if someone who worked for me screwed up something like a $3.6 billion payout, I'd fire them. Let's face it. The biggest bank regulator in the U.S. is an abject failure. Worse, it's costing us oodles of money, and not...Full Story
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