From my understanding, the Bill did not contain any reform. This Bill is merely a "reset" button and life will go on as it has before in the financial industry.
- The CEO "Golden Parachute" we've heard about only applies to new contracts - not existing ones.
- There is no reform
- There is no help for mainstreet
What I find really interesting is that GWB and
The Dems are on one side - and the
Rupub House is on the other.
Talk about strange bedfellows.
...and Pelosi's commment? Irony - given she's put no reform into the Bill - it's status quo. Her Bill merely keeps the very things that she railed against today.
What's up with that? Politics as usual, perhaps?
