Judge Silberman ruled that under the Wickard precedent almost any activity could be deemed, through some extendedchain of causation, to have an impact on interstate commerce and thus be fit for federal control.
These are firms that sift through the extendedchain of participants in an industry, looking for information that in isolation might be meaningless but assembled with other facts presents the next great trading opportunity.
As a result, the extended supply chain now has many additional points of potential failure, suggesting that new approaches to risk management can be beneficial.
When real estate investor David Lichtenstein pushed his Extended Stay hotel chain into bankruptcy court in 2009, the move triggered one of the biggest bad boy guarantees ever.