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Bioethical codes are predicated on assumptions of mistrust and hazard: patients need to be protected from risky research which is often linked to powerful commercial interests.
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"How long do taxpayers have to wait to be protected from the risky activities of these too-big-to-fail banks?" Mr. Kelleher asked.
When people are protected from the consequences of risky behavior, they behave in a pretty risky fashion.
Britain has already demanded a ring fence around banks' retail lending and deposit taking to protect them from risky investment banking.
Mr. Dodd said the bill would rewrite the rules of Wall Street, end the "too big to fail" phenomenon and protect consumers from risky or abusive financial products.
Such loans, whether for a home, car or education, are essentially family bonds that could protect money from risky behavior by others.
"For months, Speaker Boehner, Congressman Ryan and other Republicans have called for the 'unshackling' of the private sector from regulations that protect Americans from risky financial deals and other reckless behavior that crashed our economy.
A goal of the bureau — created in 2010 as part of the Dodd-Frank financial reform legislation — is to help protect consumers from risky loans by watching for violations of mortgage disclosure laws and other issues.
"The purpose of these postmarket safety plans was to protect consumers from risky drugs, not to allow brand companies to thwart generic competition," said Mr. Waxman, who in 1984 co-wrote the landmark law expanding access to generic drugs.
After more than a year of investigations and hearings about Solyndra and the loan guarantee program, they argued that the bill passed on Friday was necessary to protect taxpayers from risky investments.
The authors say this shows how the flies have evolved to protect themselves from risky sex not by buying condoms, but by changing what genes they express.
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CEO of Professional Science Editing for Scientists @ prosciediting.com