World-News

http://www.commondreams.org/headline/2010/06/24-5

Sticking the Public With the Bill for the Bankers’ Crisis
http://www.commondreams.org/view/2010/06/28-1

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Banks 'Dodged a Bullet' as Congress Dilutes Rules

Legislation to overhaul financial regulation will help curb risk-taking and boost capital buffers. What it won't do is fundamentally reshape Wall Street's biggest banks or prevent another crisis, analysts said.

http://tinyurl.com/22mw4fv


From Information Clearing House

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Lawmakers Move to Curb Risky Trading by Commercial Banks

Kevin G. Hall and David Lightman, McClatchy Newspapers: "Rushing to deliver the broad strokes of an overhaul of the financial regulatory system before leaders of the world's major economies meet in Toronto over the weekend, lawmakers Friday morning partially reinstated a ban on risky betting by commercial banks."

http://www.truth-out.org/lawmakers-move-curb-risky-trading-commercial-banks60764



Wall Street Congratulates Washington: A Job Well Done

Dean Baker, Truthout: "New York Times columnist Thomas Friedman is well known for pretentious columns that consist of letters that he suggests some prominent person write. I licensed Friedman's literary tool in order to present the following letter from the Wall Street CEOs to the political leadership in Washington."

http://www.truth-out.org/wall-street-congratulates-washington-a-job-well-done60845

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Clemency for Wall Street Criminals, Prison for the Powerless
http://www.lewrockwell.com/grigg/grigg-w155.html



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