Donald Trump Plans to Undo Dodd-Frank Law, Fiduciary Rule

Discussion in 'Wall St. News' started by Nighthawk, Feb 3, 2017.

  1. lawrence-lugar likes this.
  2. comagnum

    comagnum

    Trump has put some of the biggest Wall Street banksters from Goldman Sachs into his cabinet. The very ones that made a fortune from the sub prime melt down and the bail outs - like Mnuchin. Unreal, and he slammed these type of people during his campaign. Now we have the corporate multi nationals 1%ers right in his cabinet - and people were worried about lobbyists influencing politicians so they thought Trump would be immune from that - I sure didn't. He has taken government corruption to a whole new level.
     
    Last edited: Feb 3, 2017
    Martinghoul, Chubbly, Gotcha and 4 others like this.
  3. RedDuke

    RedDuke

    Any one can weight in why is Fiduciary Rule for retirement plans is on chopping block.
     
  4. The rule shall have prevented banksters from selling commission related products. Banjsters are arguing it would destroy jobs. Now, not anymore.
     
  5. That's right... It's quite obvious that "conflict of interest" is a fake issue, so why have a rule to prevent it.
     
  6. RedDuke

    RedDuke

    I still do not get it. Why shouldn't people get commissions for things they sell????

    Consumers can simply do a bit of research before buying the product, just like we all do when we buy electronics, cars and etc.
     
  7. [​IMG]

    I haven't seen any smoke signals today, so I guess the tribe is busy knitting blankets for Monday.
     
    Last edited: Feb 3, 2017
    lawrence-lugar likes this.
  8. "Establishment, corrupted media, they're all against me. " I still can't believe that he actually won.
     
  9. Get ready for the next financial crisis. what goes around, comes around.
     
    Chubbly and Lou Friedman like this.
  10. vanzandt

    vanzandt

    Or the greatest bubble of ALL time.
     
    #10     Feb 3, 2017