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Finance Reform Bill Signed

Wednesday 21 July 2010 - Filed under Dumbassery + Economy + Government + Regulation

Helene Cooper of The New York Times:

The signature achievement — a response to the 2008 financial crisis that fundamentally alters the relationship between Wall Street and the federal officials charged with regulating it — is a culmination of two years of fierce lobbying and intense debate over how to deal with the financial excesses that tipped the nation into the worst recession since the Great Depression.

Though one should notice that they didn’t figure a way to deal with government excesses “that tipped the nation into the worst recession since the Great Depression.”

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2010-07-21  »  madlibertarianguy