Class, this week we get more heavily involved in the consumer protection laws and maybe we will even get into discussing whether or not they are effective. The best (or worst) part of this threaded discussion is that we will see that the warnings which financial business ethicists were giving over the last decade actually weren't heeded and should have been. I want us to focus on how the law drives or is driven by the financial realities in the world. Any of us who want to work in the financial industry should review the rules governing and think about how the drive for profits should be tempered against the good of our customers. Although making a loan doesn't have "product liability" issues (i.e. loans don't typically cause physical injuries) -- we can see with our own eyes that bad loans can impact the economic health of everyone in the entire global economy.