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History repeatedly shows that the government intervenes when faced with potential financial collapse.

Fears of criminal activity have prompted many governments to restrict competition from offshore financial centers, but over-regulating OFC activity presents a serious risk of destabilizing the global financial system.

The Troubled Asset Relief Program should be run like a business with a goal of returning as much of the involuntary investment as possible to its owners--the taxpayers--along with a reasonable overall profit.

Senator Chris Dodd's financial regulation bill would create numerous problems for the financial system, including giving power to the FDIC for which it is completely unprepared.

Canadian officials bear no blame in the disclosure that Barack Obama's campaign tried to play both sides of the free trade debate.

Even with its status as a "program," we should insist on appropriate and regular accounting for TARP to ensure financial responsibility.

Luncheon address delivered at The Transatlantic Law Forum's Fifth Annual Conference. Delivered at Bucerius Law School in Hamburg, Germany.