How The Banks Plotted To Fight Off Regulatory Overhaul

[Hissyspit]

http://www.huffingtonpost.com/2009/06/01/how-the-banks-plotted-to-_n_209585.html

How The Banks Plotted To Fight Off Regulatory Overhaul

New York Times:

As the financial crisis entered one of its darkest phases in October, a handful of the nation's largest banks began holding daily telephone sessions. Murmurs were already emanating from Washington about the need for a wide-ranging regulatory overhaul, and Wall Street executives girded for a fight.

READ REST OF STORY AT NEW YORK TIMES LINK

http://www.nytimes.com/2009/06/01/business/01lobby.html?partner=rss&emc=rss

[Blue_Tires]

1. bookmarked for later

[Greyhound]

2. K&R #5, off to the Greatest Page with this one.

October was a showdown between the banksters (parasites) and the government, and the government blinked.

They've been blinking like a silent film star ever since and live in the fear that we will notice that we have lost.

[KittyWampus]

3. Apparently they got their ducks in a row and it peeves me greatly that Obama's Administration

has been so compliant THUS FAR.

[bvar22]

4. How to avoid regulation.

GET THE MONEY FIRST.

Simply promise to regulate "later".
There is NO LEVER to impose "regulation" AFTER they have the money.
The time to regulate is BEFORE they get the money,
but our Congress and President already know that.


NOW we have Your Children’s Money too !!!
And there is not a fucking thing you can do about it!
Now THIS is “Post-Partisanship” !
Better get used to it!!
Hahahahahahahahaha!

[blindpig]

5. Is there a difference between plotting and a business meeting?

It's all business.