How Wall Street's Rolling Back Financial Reform

readersupportednews.org, Rolling Stone by Matt Taibbi | Sep. 21, 2012 (News Report)

all Street lobbyists are awesome. I'm beginning to develop a begrudging respect not just for their body of work as a whole, but also for their sense of humor. They always go right to the edge of outrageous, and then wittily take one baby-step beyond it. And they did so again last night, with the passage of a new House bill (HR 2827), which rolls back a portion of Dodd-Frank designed to protect cities and towns from the next Jefferson County disaster. Full Story »

Posted by Dwight Rousu

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Subjects: Politics, Business
Topics: Lobbying, Money and Politics, Finance
Member Tags: banking
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Posted by: Posted by Dwight Rousu - Sep 21, 2012 - 12:58 PM PDT
Reviewed by: Dwight Rousu (review), Randy Morrow (review)
Content Type: Article
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Edited by: Dwight Rousu - Sep 21, 2012 - 1:00 PM PDT

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Randy Morrow
4.2
 by Randy Morrow - Sep. 22, 2012

God forbid! Thankfully, this new law provides an exemption from that “highest standard of conduct” providing the bank or financial company is not just giving ... More »

See Full Review » (11 answers)
Dwight Rousu
4.1
 by Dwight Rousu - Sep. 21, 2012

if companies are required to have a fiduciary responsibility to cities and towns, how in the world can they screw cities and towns? The idea was a veritable axe-blow to the ... More »

Dwight posted this story.
See Full Review » (11 answers)

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