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Wall St Killed Finance Reform

by Matt Taibbi category: Politics

“senjohnsonsd stabenowpress Hear our voices and stop the rollback of Dodd-Frank http://thndr.it/JBZD9Z

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Matt Taibbi
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Slutter Jun 06, 12:00 PM EDT

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This campaign ended on June 06 at 12PM

Wall St Killed Finance Reform

Hi, my name is Matt Taibbi. I’m a Rolling Stone reporter and author of a number of political books, including Griftopia and The Great Derangement. My latest article, “How Wall Street Killed Financial Reform,” details how powerful bank lobbyists are rolling back efforts at financial reform. In a mostly-silent process few Americans know about, reform opponents are currently pushing nearly a dozen highly technical bills through congress that will allow bankers to manipulate the prices of everything from corn to heating oil to municipal bonds: “The giant reform bill turned out to be like the fish reeled in by Hemingway's Old Man – no sooner caught than set upon by sharks that strip it to nothing long before it ever reaches the shore…With the Quislingian covert assistance of Democrats, both in Congress and in the White House, those bills could pass through the House and the Senate with little or no debate, with simple floor votes – by a process usually reserved for things like the renaming of post offices or a nonbinding resolution celebrating Amelia Earhart's birthday.” Read More at Rolling Stone

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Matt Taibbi
@mtaibbi

I'm the author of Griftopia and Rolling Stone columnist, arguably best known for calling Goldman Sachs a "great vampire squid wrapped around the face of humanity." Join me to protect Dodd-Frank from the bullies on Wall St.

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