“Bottom-Feeders” to Be the First Scrutinized...
By: Thomas Hudson
When you are a lawyer, it seems that all your friends insist on telling you every lawyer joke they hear. One of my favorite recent ones: “What’s the difference between a lawyer and a carp?” The answer, after my obligatory “I give up” was, “One’s a scum-sucking bottom-feeder, and the other one’s just a fish.”
I immediately thought of that one when I read that Federal Trade Commission Chairman Jon Leibowitz, in a speech to the U.S. Chamber of Commerce, used the term “bottom-feeder” in describing the FTC’s agenda for the coming year in light of the creation of the Consumer Financial Protection Bureau (CFPB), with which the FTC will share enforcement authority over financial services companies.
Read the rest of this excellent article here: http://www.autodealermonthly.com/79/4078/ARTICLE/Dealer-Practices-to-be-Scrutinized-by-the-FTC-and-CFPB.aspx
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Tuesday, June 28, 2011
Dealer Practices to be Scrutinized by the FTC and CFPB
Posted by Auto Finance Insider (AFI)
Labels: Compliance, Dealership Corruption, Deceptive Advertising, Ethics, FTC Used Car Rule, Power Booking, Privacy Notices, Red Flags Rule, Risk Based Pricing Rule, Spot Delivery
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4 comments:
Complex Post. This post helped me in my college assignment. Thnaks Alot
Wow, you have a great writing style on your website. I like how you start with a joke and then get into the serious stuff. Very very well done.
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