The Bob Corker Bailout Sellout

Mar 4, 2010 at 11:43 AM
DailyBail in bob corker, cfpa, financial reform, financial regulation, leverage

How do you feel about this? 

You can't say I didn't warn you.

What do we really need in a financial reform bill?

• A limit on leverage of 12X.

• A completely independent CFPA.

• Regulation of OTC derivatives.

• Ban on CDS except in the case of legitimate hedging.  In other words, no naked CDS speculation.

It could be that simple.

 

 

Article originally appeared on The Daily Bail (http://dailybail.com/).