Friday, June 8, 2012

What Happens When the Next Big Bank Fails?

Nicole Gelinas, NY Post
Twenty-three months after President Obama gave us Wall Street “reform,” the results are in — and they’re not pretty. The Dodd-Frank law didn’t end “too big to fail”; it just gave Washington someone new to blame for the next blowup-and-bailout, namely the hapless regulators.And senators who should care about Wall Street’s health — such as New York’s Chuck Schumer and New Jersey’s Bob Menendez — are already leading the rush to blame.

Mitt Romney John Huntsman Rick Perry Michele Bachmann Newt Gingrich

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