accountCovered in the Chicago Tribune article, Geithner warns other countries about light regulation, U.S. Treasury Secretary Timothy Geithner warned against “regulatory arbitrage”. Foreshadowing “another race to the bottom around the world”, Gartner painted a picture of companies seeking out the jurisdictions with the slackest regulation in order to push the envelope on allowable activities.
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Reactions to Race to the Bottom: Sustainability Lessons from Financial Regulation
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