Financial Reform Only a Maryland Democrat Could Love
After reading this, the only conclusion one can come to is that Susan Turnbull, chair of the Maryland Democratic Party, is absolutely ecstatic that the Dodd-Frank financial reform law:
Retains business as usual on Wall Street, will not prevent the next crisis, merely transfers the same failed regulators to a new agency, creates canyon sized carve outs for Democratic constituencies, especially trial lawyers and lobbyists, represents a big win for Goldman Sachs, and leaves government sponsored entities Fannie Mae and Freddie Mac free to wreak the same havoc as before.
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