Consumers won. Banks lost. That summarizes the consumer piece of the financial reform bill.
On the other part of the bill that affects individuals, my verdict flips. Investors lost, Wall Street won.
Taking the consumer side first, color me thrilled that Congress created a potentially strong Bureau of Consumer Financial Protection. When President Obama proposed it last [...]
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Archive
Favorite Site of the Month
- http://shareowners.org A place to keep track of what Congress is doing (or not doing) to advance investor protection.
