Profit, but honest profit
It’s no wonder the financial services industry is bent on destroying or at least defanging the bureau. It’s not just the billions of dollars they’ve paid out in fines and restitution. The industry would like to pretend the abuses that led to the Great Recession either didn’t happen or couldn’t happen again. It claims the agency is meddling unnecessarily in its business and thwarting the free market system.
In fact, it was the financial services companies that did their best to thwart the basic tenets of capitalism. Instead of competing based on quality and price, they larded contracts and service agreements with hidden “gotcha” clauses to