Congress's Genius Jobs Plan--for Fraudsters, Shills, and Wall St. Analysts

Quicklink submitted by Amanda Lang     Permalink
Related Topic(s): ; ; ; ; ; ; , Add Tags

View Ratings | Rate It

opednews.com

Become a Fan
  (9 fans)


At www.propublica.org


Place to put GOP Jobs Plan
(image by Mikael T for Flickr)
  DMCA
Finally, the House passed a jobs bill last week. And what a bill it is! Officially called the Jump-Start Our Business Start-Ups Act, it calls for reopening our capital markets to exciting new start-ups by ridding protections for investors and stripping away disclosure requirements for smaller companies. JOBS has been repeatedly assailed, but it will bring much-needed help to some of the harder hit sectors of the economy. John Coffee, a Columbia Law professor, has hailed the bill as 'the boiler room legalization act.' And rightly so. Boiler room operations were one of the unsung job creators of the 1990s, producing some of America's greatest penny stocks and boom times for yacht makers and coke dealers...

Read the rest of the story HERE:

At www.propublica.org

- Advertisement -
- Advertisement -

 

Comments

The time limit for entering new comments on this Quicklink has expired.

This limit can be removed. Our paid membership program is designed to give you many benefits, such as removing this time limit. To learn more, please click here.

Comments: Expand   Shrink   Hide  
No comments