Wall Street Reform: The Greatest Feather Ball Legislation That - TopicsExpress

Wall Street Reform: The Greatest Feather Ball Legislation That Never Happened ... Delayed Once Again #DoddFrank #WallStReform #Banks #WallStreet They’re calling it a “Christmas gift” for Wall Street. Last week the Federal Reserve announced that it’s giving U.S. banks yet another extension on the “Volcker Rule” provision in the Dodd-Frank financial reform bill. As a result of this latest decision, banks won’t have to comply until mid-2017. The Dodd-Frank bill was passed in 2010. Banks wanted a delay because they claimed they needed the time to prepare. Does anybody really think the nation’s largest and most powerful financial institutions need seven years to restructure the casino-like aspect of their operations? via Alternet.org Full Story: alternet.org/economy/wall-street-reaps-more-dough-managing-get-dodd-frank-delayed-again

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