US Financial Reform: Half a loaf is better than no bread and the almost 2,000-page Dodd-Frank financial reform bill, agreed on Friday by a conference of the US Senate and House of Representatives and now set to be voted on by the US Congress, will trigger changes much less radical than the Depression-era 34-page Glass-Steagall Act.
Related posts:
- US Senate approves historic financial reform bill; Seismic changes could cut profits of Wall Street firms by 20%
- US Financial Reform: Republicans block start of Senate debate
- US Financial Reform: Republicans retreat on implacable opposition in response to Goldman Sachs fraud charge
- Markets News Friday: BP stops oil leak on Day 86 in Gulf of Mexico: US Senate passes financial reform bill; Wall Street has spent $600m on lobbying since January 2009
- Markets News Friday: US banking industry may have to pay for financial reform bill estimated at $19bn