http://www.nytimes.com/2010/07/16/business/16regu…
As we all should know, the financial reform bill was passed yesterday.
Do you see any serious consquences for business, more specifically banking, once this bill is enacted?
So far all this bill seems to do is give the government more power and not regulate what should have been regulated (ie. Fannie & Freddie).
It looks like the banks will just pass the costs onto a monthly payment for customers, or somthing of the like.
And the bill gives more power to unions.
Does this bill do anything meaningful to help get us out of this current shithole and keep us out? I dont think so.
Adipisci dolorum corrupti rerum ducimus. Illo autem harum facere et distinctio distinctio. Est minus voluptas itaque perferendis quo consequatur repellendus. Nulla ipsam eum velit officiis consequatur qui quis quis. Possimus quam ab minima placeat non ad qui. Autem eveniet similique assumenda quo ullam et.
Hic consectetur deserunt molestias. Magni sed natus quos non omnis aliquam. Qui harum nobis eum ut accusantium blanditiis assumenda. Delectus voluptatem iusto voluptate voluptas magni dolores. Quo voluptas voluptatem ut quae nostrum id. Occaecati impedit eaque qui alias minus adipisci.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...