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Old 05-06-2010, 11:19 PM
 
Location: Great State of Texas
86,068 posts, read 79,431,721 times
Reputation: 27671

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Yup..we know exactly who these guys work for.
Even Dodd voted against this. Even the administration was not for this.

The too big to fail are now even bigger.

Senate Votes For Wall Street; Megabanks To Remain Behemoths

"In practice, the amendment required the six biggest banks -- Bank of America, JPMorgan Chase, Citigroup, Wells Fargo, Goldman Sachs and Morgan Stanley -- to significantly scale down their size. It was touted as a way to end Too Big To Fail.

Though top Obama administration officials have not publicly opposed the amendment, its leading economists have opposed ending Too Big To Fail simply by breaking up the nation's financial behemoths. Austan Goolsbee and Larry Summers have both fought back against this idea, as has Treasury Secretary Timothy Geithner."
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Old 05-06-2010, 11:20 PM
 
6,764 posts, read 11,078,671 times
Reputation: 3024
We know these banks own the Dems just as much as they own the Reps, regardless of how the liberal media trys to spin it.
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