Thursday, May 2, 2013

In Brown-Vitter Bill, a Banking Overhaul With Possible Teeth???

This legislative attempt to simply increase the capital requirements for the large U.S. banks will probably go no where. Socializing risk and privatizing profits.  Will the story ever change?

http://dealbook.nytimes.com/2013/05/01/in-brown-vitter-bill-a-banking-overhaul-with-possible-teeth/?smid=pl-share