Elizabeth Warren recruits 50 state prosecutors to police consumer finance

Discussion in 'Wall St. News' started by ASusilovic, Dec 2, 2010.

  1. ASusilovic

    ASusilovic

    Dec. 2 (Bloomberg) -- Elizabeth Warren, the Harvard University law professor deputized by President Obama to police consumer finance, is recruiting 50 state prosecutors to help. She may even decide to bankroll their work.

    “The state attorneys general are natural partners for the consumer agency,” Warren, 61, said in an interview. “There are regulators in Washington that used to prevent state attorneys general from protecting consumers.”

    http://noir.bloomberg.com/apps/news?pid=20601087&sid=aIP2ItpMQhns&pos=6

    So who is left to protect Wall Street ? Uncle Bernanke ? :eek:
     
    #1     Dec 2, 2010
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