05-27-2014, 01:48 PM
I just heard about another example of executive abuse of power I thought would be worth sharing here;
“Operation Choke Point”
“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.