An Obama Economic Team to Sweep Wall Street Clean – Bloomberg 11-11-12

Salient to Investors: William D. Cohan writes: We were either naive or stupid to believe Obama’s “change you can believe in” included Wall Street. Robert Rubin protegés were appointed to the three most important economic positions in Obama’s first term: Treasury secretary, national economic adviser, and director of the OMB. Other

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Does Congress Want Another Economic Meltdown? – Bloomberg 06-10-12

Predictions: Wall Street lawyers and lobbyists continue to mock re-regulation. Expect fewer substantive rules and limitations on risks than now. Nine bills presented in Congress this year are designed to weaken the already weak Dodd-Frank law, mostly by holding off real accountability until the public has lost interest.  Barney Frank has succumbed to pressure from Wall Street. Read the full article

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