Shock: 'Less Regulation' Praised by CBS

March 8th, 2007 3:58 PM

"Dozens of American companies have come here to London and the alternate investment market where less regulation means raising capital is cheaper and easier," declared reporter Sheila MacVicar.

The atypical remark was made in a segment of "Global Warming, Cool Solutions" during the March 7 CBS "Evening News."

MacVicar's words are less surprising when you know that the companies in the CBS story are raising capital for green investments to help fight global warming.