Financial Reform

by Surya on February 2, 2010

It looks like the only thing Congress might be able to get done any time soon will be some kind of financial reform. In an election year, it will be really interesting to see who has the gall to side with big banks (despite being the biggest contributor in Washington) over reigning reckless risk-taking. The WSJ’s headline of Banks Gear up for a Battle, unfortunately, says it all. The good news? I’m more hopeful we’ll get some real protections in place than I have been for months. I guess we just have to stay tuned…

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