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One of the Worst Collection Agencies is the Feds

I've never associated the federal government with lax collection practices.   After all, think of the IRS.  But Michael Fox writes  here about the other side of the story.  Apparently, according to this article, the U.S. fails to collect billions in penalties for wrongdoing, often significantly reducing large fines or simply allowing them to go unpaid.  Fox is concerned that potential heat from the news report may lead to federal officials "taking a harder negotiating stance when it comes to compliance."

Posted by Carolyn Elefant on March 29, 2006 at 12:57 AM | Permalink | Comments (0) | TrackBack (0)

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