Tuesday, August 03, 2010
Witness last week's land speed record for unintended consequences, as a liability provision in the Dodd-Frank financial reform brought new issues to a screeching halt in the $1.4 trillion asset-backed securities market.
With geniuses like Ohio Democrat Mary Jo Kilroy running things, who needs enemies? Oh wait, I forgot: We have a failed community organizer and closet Muslim for a President...
Kilroy Was Here, Alas
Kilroy Was Here, Alas
Labels:
bank reform,
Barney Frank,
bond securities,
Chris Dodd,
Democrats,
SEC,
Wall Street
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