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Justice Richard B. Lowe III ruled that the owner had not violated the law and that the deregulation was allowed.
We need look to no better example than the shameful predatory lending that ravaged low-income communities when the financial sector, through deregulation, was allowed to run wild.
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The rates for many of those ARMs jumped at the same time that overbuilding undercut the housing market; foreclosures mounted, and investment banks that under recent deregulation had been allowed to overleverage their assets foundered, resulting in the bankruptcy or sale of several major financial institutions.
The big deregulation of the 1990s was allowing banks to go interstate and to be in different businesses.
Under another past attempt at deregulation, the other utilities were allowed to compete against Tepco and one another.
Accounting standards were allowed to slacken, deregulation was mindlessly pursued, and corporate greed indulged.
Mayor Rudolph W. Giuliani has charged that the utilities fail to buy enough backup power from other producers, as is allowed under industry deregulation.
Mr Chavannes blames deregulation for allowing a murderous driver to be allowed to drive an Amsterdam taxi.
Banks' bad loans have been allowed to fester, and deregulation and structural reforms been delayed.These errors have been costly.
The two utilities have not paid their bills for months, saying they are nearly bankrupt because under deregulation of the power industry, wholesalers have been allowed to float prices while retail rates were capped.
However, through excessive government deregulation of the telecommunications industry, these companies have been allowed to re-merge like the remnants of a shot-gunned T1000.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com