Slobbering Senators Woo Dimon While They Gut Dodd-Frank
This article is for subscribers only.
June 18 (Bloomberg) -- I often get asked a Wall Streetvariation of the Ronald Reagan 1980 campaign saw, “Are youbetter off than you were four years ago?”
To wit: Are we safer than we were four years ago? Will the2010 Dodd-Frank law and the regulations that the Securities andExchange Commission and the Commodity Futures Trading Commissionare busy writing and rewriting prevent a recurrence of the kindof financial meltdown that we experienced in 2007 and 2008?