What a perfect day to get this news ... Congress has a bill that has bi-partisen support to roll back the portion of the banking bill (Dodd-Frank Bill) that isolated and restricted banks from offering derivatives. which were the cause of the 2008 financial meltdown. The bill they agree on? 70 or the 85 lines of the bill were written by Citibank lobbyist! They even reviewed it before it was introduced, struck areas they didnt like and rewrote it!
Posted on: Fri, 01 Nov 2013 02:02:39 +0000