And … the Big Banks Win Again
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Senator
Elizabeth Warren (D-MA) details the ongoing, outsized influence that big Wall
Street banks have on the Washington D.C. sausage factory as another
last-minute provision favoring said big banks is inserted into a “must-pass”
spending bill last week.
Also see
Matt Taibbi’s take
on the further dilution of the Dodd-Frank financial market reform (a.k.a. the
“Citigroup provision”) and Ms. Warren at Rolling Stone.
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Tim Iacono is the founder of Iacono Research, a subscription service providing market commentary and investment advisory services specializing in commodity based investing.
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