On March 3, 2009, the Board of Governors of the U.S. Federal Reserve System (the “Federal Reserve”) and the U.S. Treasury Department announced the details of the Term Asset-Backed Securities Loan Facility (“TALF”). The general…more
Legalizing and regulating Internet gambling is the best stance the U.S. government could adopt to reduce any threat posed by Internet gambling. The UIGEA’s asserted benefits do not justify its cost on financial institutions and…more
Second Life has attracted millions of users and dollars. It has created a new economy. A new breed of business people are conversing and exchange dollars over software code. Second Life is just one example where people in…more
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