Tuesday, February 28, 2012

Wall Street Fights Back Against Bid to Curb Oil Speculation | Common Dreams

Wall Street Fights Back Against Bid to Curb Oil Speculation | Common Dreams
" the financial sector lobbyists had hired Eugene Scalia to make their case. "He’s the son of outspoken conservative Supreme Court Justice Antonin Scalia," they report, "and last year he won a key challenge to a Dodd-Frank rulemaking being carried out by the Securities and Exchange Commission. In that case, the courts struck down provisions that would have made it easier for shareholders to run candidates for corporate boards."