Nov 05 2009
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“ Just when Wall Street thought it couldn’t get worse for them on Capitol Hill – it did. Rep. Paul Kanjorski (D-Penn.), a senior member of the Financial Services Committee, has proposed the most explosive provision so far in the debate over financial reform, seeking to empower federal regulators to preemptively break up financial firms deemed “too big to fail.
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Breaking up ‘too big to fail’ firms - Victoria McGrane - POLITICO.com
I doubt this will pass, but it’s nice to see at least a few Congresscritters are trying.
