Obama seeks remake of Fed's powers

I'd agree. We should put a question mark by "for" because there has been waxing and waning in this regard.

 

I presume the White House and Congress are exempted from the list of "systemically important" institutions that need to be cut down to size.

 

Looks like there are gona be a lot of "Traders" out of work if this move by Obama is put into action.

Who in the hell will want to invest in the Stock Market if this happens?

 

The article says "remake" But then talks about adding to Fed powers. They want to be able to unwind Leh types. See ya later Citi

 

Spoken like a true failed trader.

 

So now the private banking cartel which owns and runs the Fed is going to be allowed to "regulate" America's biggest companies. Hell, why not just let them print their own money? Oh, I forgot, they already do.

 

So Obama is going to work with Dodd, Frank, Emanuel and himself to rework this regulatory problem of which began when these particular idiots claimed there was no problem at the onset of this problem. As far back as 2003. Barney Frank should not be allowed on any oversight comm. except maybe the comm of sand shufflers in florida!