Chattanooga businessman and philanthropist Carey Vaughn Brown was indicted today in New York City by a Manhattan prosecutor for assembling an illegal "payday syndicate" in violation of state lending laws, The New York Times reports
It is not in the decay of combination and monopoly or in the growth of competition that we must look for the distinctive characteristics of modern problems. A 17th-century monopoly was a very weak and ineffective instrument compared with a modern syndicate; the Statute of Apprenticeship was certainl
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