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View Diary: It's Geithner's CFPB! Naked Cap: Warren's Being Sidelined (update) (213 comments)

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  •  I've been warning from the start (6+ / 0-)

    is that this is what happens when a single individual gets dropped on top of an institution or bureaucracy that is inherently hostile to the individual's goals.  They spend so much time playing personal defense that they become neutralized operationally. Neither the industry nor the political class really want financial reform or reregulation, the purpose of this exercise is to provide fig leaves. for current and future boodling.  Look at how many types of financial "services" and "instruments" were already made exempt from this body's oversight and control, there's a huge tell right there.

    American business is about maximizing shareholder value. You basically don't want workers. ~Allen Sinai

    by ActivistGuy on Wed Sep 15, 2010 at 11:24:52 PM PDT

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