tag:blogger.com,1999:blog-8282587.post4619739108696134903..comments2024-03-19T01:48:39.709+00:00Comments on Power and Control: Adopt A LoserM. Simonhttp://www.blogger.com/profile/09508934110558197375noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-8282587.post-39999256187776043222010-04-27T17:54:17.845+00:002010-04-27T17:54:17.845+00:00The Banking reform bill is nothing but criminal fr...The Banking reform bill is nothing but criminal fraud. It does nothing about Freddie and Fannie, which were the heart of the mortgage bubble and subsequent meltdown. It also does nothing about the credit rating agencies that gave "AAA" rating to all of those junk mortgage bonds. <br /><br />Worse, the bill attacks sectors of the finance industry that had nothing at all to do with the bubble and crash (e.g. hedge funds, angel investment into start-ups).<br /><br />This bill is a complete fraud and the GOP is right to filibuster and do everything else in the book to stop it.kurt9https://www.blogger.com/profile/02101147267959016924noreply@blogger.com