San Francisco Chronicle, January 25, 2009 by Chris Jay Hoofnagle, Christopher Kutz, Jacob S. Hacker, Larry Karp, Jinhua Zhao
http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2009/01/25/INT315F820.DTL&type=printable
-Chris Hoofnagle Recommends Public Reporting of Identity Thefts
Despite its incidence and severity, consumers have few tools to avoid identity theft. A light touch regulatory approach could spark a revolution in the prevention of fraud if banks and other credit-granting institutions were required to publicly report the number of identity theft incidents, the forms of identity theft and the amount of loss suffered or avoided.
-Chris Kutz Wants Executives to be Liable for Company Losses
So let’s require firms that want to pay in stock options to include a liability component as well, so that executives share both in the upside and downside risks. Liability would force managers to account for the risks they take with other people’s money.
-Jacob Hacker Prescribes Health Care Reforms
In acting now on health care, we’ll be keeping Americans healthy, reducing the financial risks of health care, and encouraging good health-industry jobs. We’ll also be tackling the leading long-term threat to the federal budget: runaway health costs.