“Late Friday, just before the sleepy Thanksgiving week when most Americans turn their sights to turkey, Geithner finally got around to dressing [down] his own turkey: Dodd-Frank. DF is the financial regulatory monster which will create havoc over the entire financial industry, with new rules and regulations. But not for FOG (Friends of Geithner). With a quiet pen stroke, Geithner exempted $410.8 trillion, or 64%, of the entire OTC derivatives market from impending clamp-downs, which mostly benefits FOG.”
http://www.economicpolicyjournal.com/2012/11/geithners-final-trick-bye-bye-dodd.html
Related posts:
Second California county joins push to form state of ‘Jefferson’
Teenage Hacker Transforms Web Into One Giant Bitcoin Network
The NSA’s Hidden Spy Hubs in Eight U.S. Cities
Keiser Report: Pickpockets Rule UK?
Police Civil Asset Forfeitures Exceed All Burglaries in 2014
US 'Secret' Drone Base and Ron Paul's Foreign Policy
Michel Chossudovsky: US controlling both sides of Egypt coup
U.S. Police Have Officially Killed 400 People in 2015
Free at Last! Detroit Stiffs the Municipal Unions.
Zambian Economist Blasts Bill Gates After He Calls Her Book 'Evil'
FBI Monitors G-Mail, Yahoo, Hotmail, and Facebook Accounts
Nigel Farage: EU wants to steal money from Cypriots bank accounts
Venezuela Moves to Nationalize Food, Ration Medicine, Kill Comedy
Broke? You May Now Be Entitled To a Free Home
Cyanogenmod goes pro with Cyanogen Inc. and $7 million in funding