Hot Sales of Air Conditioning Units Driven by Legal Loophole

10/18/2011   A chilly battle has broken out in the air-conditioning market in the United States as manufacturers attempt to meet head-on the unwillingness of consumers to pay up for equipment that do not have an ozone-depleting refrigerant. A legal loophole allows companies to continue producing air conditioning units containing a refrigerant that was banned […]

Challenges in the Investigation of Rating Agencies Admitted by the SEC

10/18/2011   The United States Securities and Exchange Commission is faced with a lot of obstacles in their quest to show proof of any wrongdoing committed by rating agencies. This was revealed by the enforcement chief of the agency, who also pointed to the complexity of the cases as well as the strong legal defenses […]