2010-05-19
financial reform bill changes
dodd made some last minute changes (in the form of amendments) to topics around derivatives. left the language, but postponed initiation AND gave a review board, headed by geitner, the power to kill it entirely based on an analysis of the topic. why did he do that? will the bill really not pass if making banks spin off the derivatives arms and prohibiting credit default swaps, is left in? really? will all the hate towards wall street these days? i have respect for dodd in many ways, but i am super disappointed by this. i hope blanche lincoln wins the run-off and bird-dogs this topic!
*you will have to register for washingtonpost.com to read the article. but you should anyway. they have great articles on politics*
Comments:
Add a comment:
