Editor’s Note
This is a dignified law firm newsletter, not like the “Brand
X” versions. You won’t find pandering, attention-grabbing
stories about Justin Bieber, Kim Kardashian, Ashton
Kutcher, Prince William, or Charlie Sheen. Lady Gaga
will not be mentioned. Sure, there are those who would
resort to tricks to game the search engines, in order that
their cartoonish scrawls clog the top of everyone’s Google
“hit list,” but George Clooney is not someone we’re going
to talk about. Nothing here about Ben Affleck’s Oscar or
Oscar Pistorius’s arraignment either. And forget about
Adele’s baby. Angelo. That’s not to say that someone
wouldn’t sprinkle celebrity names throughout these
pages (think “Where’s Waldo” for bank lawyers), but
that would simply ensure that you actually read these
important articles because if you don’t your institutions
will fail. Consider this a public service. Kate Middleton’s
pregnancy? Not R Us! Try the other guys. You’re welcome.
This quarter we had a lot of important stuff happen.
A comet barely missed the planet, a bus-sized meteor
exploded over Russia, and the President issued a
cyber-security order. There were remittance transfer
rules and then there weren’t; lots of privacy, mortgage,
and arbitration developments; and so much CFPB stuff
that we almost had to ship by the pound.
Until next issue, don’t litter, look both ways, and recycle
this newsletter.
William Stern, Editor-in-chief
Attorney Advertising
IN THIS ISSUE
Beltway Report
Page 2
Operations Report
Page 2
Bureau Report
Page 2
Privacy Report
Page 4
Arbitration Report
Page 6
Preemption Report
Page 7
Mortgage Report
Page 7
Quarterly News, Spring 2013
Financial ServiceS report
MOFO METRICS
150 Meatballs sold by IKEA each
year, in millions
50 Number of earthquakes
each year, in thousands
10.5 Hours it would take to listen
to every Beatles recording
2 Times more likely to be
killed by a vending machine
than a shark
20 Seconds of fuel left when
Apollo 11 landed
178 Average number of sesame
seeds on a McDonald’s Big
Mac bun
25 Average number of times a
human blinks, per minute
53 Percentage increase in
CFPB personnel,
over a year ago
