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ARTICLE · 17 JUNE 2013

Financial Services Report - Summer 2013

Morrison Foerster
Morrison Foerster
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Morrison Foerster

Morrison Foerster

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A summary of the most recent financial services developments.

United StatesFinance and Banking

Editor's Note

It's time again to put on the cranky pants and lay down a groove. The IRS got into trouble this quarter for belief-based harassment. The targeted groups now get to wallow in the limelight. They are as thick as cicadas, suing, giving TV interviews, and behaving put upon. We want to know, where's our wallow? Somehow, this newsletter got passed over. Not enough shrill? Doubt it. We asked Lois Lerner but she left us a voicemail saying she was busy and would get back to us on the fifth. It's enough to put the "ire" back in IRS. (Product Placement Alert: Lululemon offers a complete line of cranky pants – ours comes with an expandable waistline.)

Did we mention we listen? It turns out our readers can't get enough Bureau jokes. This one is no joke: CFPB employees want to unionize because they are, um, unhappy. Couldn't they just join our conga line? (Some thought being miserable was a CFPB job description.) What really got them off-leash was

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