• J.P. Morgan and the Dodd-Frank system: “With Wall Street’s capable assistance, government has managed to institutionalize and monetize the perp walk.” [Michael Greve, related from Greve on the self-financing regulatory state]
• Harvard needs to worry about being seen as endorsing its affiliated Shareholder Rights Project [Richard Painter]
• Under regulatory pressure, J.P. Morgan “looking to pull back from lending to politically incorrect operations like pawn shops, payday lenders, check cashers” [Seeking Alpha]
• Rare securities class action goes to trial against Household lending firm, HSBC; $2.46 billion judgment [Reuters]
• Car dealers only thought they were winning a Dodd-Frank exemption from CFPB. Surprise! [Carter Dougherty/Bloomberg, Funnell]
• “Memo to the Swiss: Capping CEO Pay is not an Intelligent Way of dealing with Income Inequality” [Bainbridge]
• American Bankers Association vs. blogger who compiled online list of banks’ routing numbers [Popehat]

Filed under: autos, banks, bloggers and the law, Dodd-Frank, Harvard, mortgages, securities litigation, Switzerland