Dodd-Frank Is 10 Years Old Today and the Fed Is Back to Bailing Out Wall Street
July 21, 20207 min read1481 words
Published: July 21, 2020  |  7 min read1481 words
By Pam Martens and Russ Martens: July 21, 2020 ~President Obama Signs the Dodd-Frank Wall Street Reform and Consumer Protection Act, July 21, 2010Today marks the 10th Anniversary of the enactment of the Dodd-Frank Wall Street Reform and Consumer Protection Act, named after its tw...
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Investigative
July 21, 2020
Stellar investigative analysis of recent changes to banking laws (Glass-Steagall, Dodd-Frank) and how the subsequent massive bailouts by the Fed/US Treasury have completely diminished the intention of those laws. If we're ever gonna wake up to a serious financial reckoning as the US govt prints trillions of dollars for their big business partners, it has to start with an honest analysis of where we came from & the failings in our recent past that continue to enable the worst kind of predatory corporate economics from which future generations will likely never be able to overcome.
July 21, 2020
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