Financial reform status – May 9, 2010

The Financial crisis of 2007-08 narrative

Failed vote to break up the big banks

One of the more fundemental aspects of financial reform has been voted down in the Senate. Look at the article to see which Dems voted against this amendment. Such dem luminaries as Kerry and Feinstein, Evan Bayh, Baucus were among those who voted against the amendment and for the big banks. Maybe they had a good reason for doing so, but it escapes LSW.

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