THIS JUST IN! The banking oligopoly is dismantling regulatory - TopicsExpress



          

THIS JUST IN! The banking oligopoly is dismantling regulatory safeguards put in place after the 08 crash. This is what happens when Americans dont vote and Republicans hold a congressional majority. No debate, no press coverage, and carte blanche for Wall Street lobbyists. Basically, a provision of Dodd-Frank is being repealed that would protect the tax payers from bailing out Wall Street bankers again if the highly-speculative dividend markets go bust. Good news for hedge fund managers that dont want to be held accountable for their recklessness, bad news for the tax payers.
Posted on: Thu, 11 Dec 2014 04:30:35 +0000

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