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Showing posts with the label Regulation

6/17/09: TWD's Agenda For The Day- They Are Still Trying To Find The Loop Holes

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From today's top story, no matter if you are one of them or not, you have to respect their shady hustle : But executives from an array of industries caught up in the financial crisis came to Washington over the last several weeks to make their case for how the new regulatory landscape should look. They came from big banks and small ones, insurance companies and stock exchanges, hedge funds and mutual funds, and were joined by officials from consumer groups and big labor — often with conflicting views. Now, lobbyists who lost the initial skirmish inside the administration will head to Congress to try to influence the final product. HAHAHAHA. The same people who willingly got us into this mess with their wild Vegas wannabe gambling with derivatives (contracts) now want to "make the case with how regulation should look." They have some cajones, don't they?