Monday, April 9, 2012

Major Bank CEO Slams Wall Street For Paying Big Bonuses And Fighting New Regulations

Major Bank CEO Slams Wall Street For Paying Big Bonuses And Fighting New Regulations: Ever since the Dodd-Frank financial reform law was signed by President Obama in 2010, the financial industry has been trying to delay, change, and otherwise obstruct it, claiming that its costs are too high or that it puts U.S. banks at a competitive disadvantage. One of the highest profile targets has been the Volcker rule, [...]/p