Sunday, March 28, 2010

Wall Street reform missing vital ingredient

Pam Martens writes in CounterPunch: "Last Fall, it was all about the wall: financial bigwigs like former Federal Reserve Chair Paul Volcker, former Citigroup co-CEO John Reed, Governor of the Bank of England, Mervyn King, all espoused reestablishing the legal barrier between the derivatives casino that masquerades today as Wall Street and commercial banks holding insured deposits. . . .

"But the wall has now gone missing in the current financial reform bill".

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