Re: A/C in Action: The AP Case
To make a fair comparison, you'd have to show that this type of thing would not have happened under regulation. Despite stringent regulation, however, we've seen numerous examples of corporations defrauding customers and/or investors in much the same way. Peter Popoff is back on TV selling religious snake-oil. Head-On (which is 99.9999% wax) is still on the shelf at Walgreen's. Universal life insurance is still legal to sell as an "investment product." Worse than all that, we still have Social Security.
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