Abuse of Power -- Operation Choke Point
#1
I just heard about another example of executive abuse of power I thought would be worth sharing here;

“Operation Choke Point”

Quote:The general outline is the DOJ and bank regulators are putting the screws to banks and other third-party payment processors to refuse banking services to companies and industries that are deemed to pose a “reputation risk” to the bank. Most controversially, the list of dubious industries is populated by enterprises that are entirely, or at least generally, legal.
”There are more things in heaven and earth, Horatio, Than are dreamt of in your philosophy." - Hamlet (1.5.167-8), Hamlet to Horatio.

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Abuse of Power -- Operation Choke Point - by kandrathe - 05-27-2014, 01:48 PM

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