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Wall Street Financial Reform Bill……Winners and Losers…..

Someone had to do the early talley……

This from Erra Klien over @ The Washington Post……

Winners

— Community banks: Exempt from the hefty regulatory fees assessed on larger banks and left mostly free of a new consumer watchdog bureau’s oversight.

— Hedge funds: Could reap a windfall if big banks are ultimately forced to spin off their derivatives-trading businesses.

— Derivatives exchanges: Mandatory clearinghouses for derivatives trades could make their expertise in the market for these securities more valuable and increase their business.

— Institutional investors: Gain greater say over the makeup of corporate boards.

Losers

— Community banks: Hit by restrictions on an investment commonly used to satisfy minimum reserve requirements.

— Big banks: Face new restrictions that could cut their profitability by barring them from trading with their own money and forcing them to spin off some lucrative trading operations.

— Credit card companies: Have far less power over fees charged to retailers on credit-card transactions.

— Consumer credit lenders: Pawnbrokers and payday lenders would be subject to greater scrutiny from the consumer protection watchdog.

— Ratings agencies: Face new legal liability if their judgments on the safety of investments turn out to be wrong.

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May 22, 2010 - Posted by | Counterpoints, Government, Law, Media, PoliticalDog Calls, Politics, The Economy, Updates | ,

9 Comments »

  1. Sen. Mark Warner said yesterday on MSNBC that “The Lincoln language of the Financial Reform” will be scrubbed in the Committee. That ought to be bad News for Blanche Lincoln. GO HALTER.

    Comment by Daniel G. | May 22, 2010 | Reply

  2. He, he, he……

    Comment by jamesb101 | May 22, 2010 | Reply

  3. Loser of the Financial Reform Bill: Arkansas Senator Blanche Lincoln (D-AR)

    Comment by Daniel G. | May 22, 2010 | Reply

  4. Boozman seems to be doing very good on his own….

    Comment by jamesb101 | May 22, 2010 | Reply

    • I agree. Only a MAJOR screw up by him would put this Seat back in play. Say hello to Senator John Boozman.

      Comment by Daniel G. | May 22, 2010 | Reply

  5. […] This post was mentioned on Twitter by Paul V. Pintor and Paul V. Pintor, James Finley. James Finley said: Wall Street Financial Reform Bill……Winners and Losers…..: http://wp.me/pAL4p-2Xb […]

    Pingback by Tweets that mention Wall Street Financial Reform Bill……Winners and Losers….. « PoliticalDog101.com -- Topsy.com | May 22, 2010 | Reply

  6. And say hello to another Right wing hypocrite

    Tell us how you gonna balance the budget John

    And oh yeh

    Tax cut tax cut
    Tax cut!!

    Drill drill drill!!

    Comment by My Name Is jack | May 22, 2010 | Reply

  7. He’ll figure that out later……

    I’m sure his stuff will sound a lot like Lincoln’s stuff…….

    Comment by jamesb101 | May 22, 2010 | Reply

  8. […] See the original post here: Wall Street Financial Reform Bill……Winners and Losers … […]

    Pingback by Wall Street Financial Reform Bill……Winners and Losers … | Text This Page | May 22, 2010 | Reply


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