States Have Granted Big Banks the Right to Seize Your Property

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A recent study by Jack McPherrin from Heartland explores how state legislatures, in adopting provisions of the Universal Commercial Code, have enabled "too big to fail" banks to seize the private retirement accounts of both individuals and institutional investors during times of crisis.

Creators and Guests

H. Sterling Burnett
Host
H. Sterling Burnett
H. Sterling Burnett, Ph.D., hosts The Heartland Institute’s Environment and Climate News podcast. Burnett also is the director of Heartland’s Arthur B. Robinson Center on Climate and Environmental Policy, is the editor of Heartland's Climate Change Weekly email, and oversees the production of the monthly newspaper Environment & Climate News. Prior to joining The Heartland Institute in 2014, Burnett worked at the National Center for Policy Analysis for 18 years, ending his tenure there as senior fellow in charge of environmental policy. He has held various positions in professional and public policy organizations within the field. Burnett is a member of the Environment and Natural Resources Task Force in the Texas Comptroller’s e-Texas commission, served as chairman of the board for the Dallas Woods and Water Conservation Club, is a senior fellow at the Texas Public Policy Foundation, works as an academic advisor for Collegians for a Constructive Tomorrow, is an advisory board member to the Cornwall Alliance, and is an advisor for the Energy, Natural Resources and Agricultural Task Force at the American Legislative Exchange Council.
States Have Granted Big Banks the Right to Seize Your Property