April 2012
2 posts
ALEC Wants You To Pay 750 Percent More For... →
Take public high-speed broadband Internet. A few years ago, the city of Wilson, North Carolina, decided that it would create its own broadband system, which it called Greenlight. The service offered speeds twice as fast as private competitors in the area for a similar price. Soon, the success of the service spread, and a number of other cities began offering municipal broadband systems that were...
The SEC: Outmanned, Outgunned, and On a Roll →
One late afternoon in March 2007, Sanjay Wadhwa sat at his desk transfixed by the data on his computer screen. Wadhwa was then a low-level supervisor in the Wall Street office of the U.S. Securities and Exchange Commission investigating a supposedly routine case of “cherry-picking.” The SEC had gotten a complaint that Rengan Rajaratnam, the founder of Sedna Capital Management, a small hedge...
