• Government badly messes up pension arrangements for its own workers. So why are California and other states muscling their way into provision of private pensions? [Steven Greenhut, City Journal]
• Unconstitutional doings at the Consumer Financial Protection Bureau (CFPB) should not be ratified after the fact [Ilya Shapiro and Jayme Weber, Cato]
• Temple-Inland, Inc. v. Cook: federal court rules Delaware practices on unclaimed property unconstitutional [Alston & Bird, my recent]
• “In praise of debt” [David Henderson] “The credit card companies were there for me” [same]
• May be wrong: Prof. Bainbridge on why U.K. Prime Minister Theresa May is off base in proposals to put workers on company boards, tinker with executive pay (related here and here);
• “The Glass-Steagall Rorschach Test” [Mark Calabria, earlier]

Filed under: banks, CFPB, corporate governance, debtor-creditor law, property law, Wall Street