Too Much Regulation?
Do you think there is too much regulation in the financial industry? My husband, Mark, sent me a link to an interesting article in the NY Times.
The premise is a good one: spell out for the consumer, in plain English, what he is getting. I am amused by the author’s refinancing tribulations as Mark and I are going through that now. I’d give anything to have it streamlined and in consumer English. Heck, I am in the business and am sometimes overwhelmed by the sheer volume of paperwork and foreign sounding words.
Money, money, money. You have to love his comment : “For as long as there has been money, people have been doing stupid things with it.” Here’s a link to the article: The Way We Live Now