There was no reason to develop a business model that put tricks and traps in back and you pretended to compete on things that were not real.
Elizabeth Warren: “There was no reason to develop a business model that put tricks and traps in back and you pretended to compete on things…”
Editor's note · Context
Warren criticizes deceptive business practices in financial services.
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At the same time that it is refusing to invest in workers at its existing facilities in New England, the company is pouring money into its new ventures, including a casino in the United Arab Emirates.
At a moment that calls for independent, transparent, and enforceable safeguards, the American people have been left with an entirely voluntary, industry-designed oversight process.
It's supposed to be out there regulating the market, but it doesn't appear to be doing it and frankly, doesn't appear to have the people to do it.
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