Random Feed wrote an interesting post today on
Here’s a quick excerpt
One of the problems with delaying implementation of the various regulatory reforms that are being proposed is that financial services companies are given ample time to get back to their old tricks. For instance, as executive compensation reforms stall in the Senate , Wall Street pay is heading back to pre-crisis levels . And the same holds true in terms of consumer protection. House Financial Services Committee Chairman Barney Frank (D-MA) has had to push back work on legislation creating

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Random Feed wrote an interesting post today on
Here’s a quick excerpt
Efforts to rein in the payday lending industry may have stalled in Springfield last month, but the battle in Washington is just heating up. After holding a hearing in April, Rep. Luis Gutierrez will likely bring his Payday Loan Reform Act of 2009 up for a committee vote this session. And there are rumors that Sen. Dick Durbin’s more comprehensive anti-usury bill might be moved as part of a larger finance reform package being assembled by Senate Banking Committee Chairman Chris Dodd (D-Co

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