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Financial Rules in for Revamp

“President Obama signed a sweeping expansion of federal financial regulation on Wednesday, signaling perhaps the Democrats’ last major legislative victory before the midterm elections in November, which could recast the Congressional landscape.” (New York Times, Thursday)

“No one will know until this is actually in place how it works.” –Sen. Chris Dodd

FEE Timely Classic
“Did Deregulated Derivatives Cause the Financial Crisis?” by Robert P. Murphy

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