“Wall Street keeps pounding Washington.
Fighting any attempt to rein in the too big to fail banks.
Corporations. Lobby groups. Front groups. Bought and paid for members of Congress.
Repeal Glass-Steagall.
Prohibit the regulation of derivatives. (Commodities Futures Modernization Act.)
Defeat hard caps on bank assets. (Brown-Kaufman).
Weaken the Volker Rule.
Keep the revolving door well oiled.
Who’s fighting back?
Headed by a former partner at Skadden Arps – Dennis Kelleher.”
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