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October 23, 2011

Who Needs Stability?

“Bankers in this country are not letting up on their campaign to undercut the Dodd-Frank financial reform law, which is supposed to curb risky behavior and lessen the chances of another meltdown. They are also eagerly joining their overseas brethren in a similarly fierce campaign against new international rules that would require banks to gradually increase the amount of capital they must keep in reserve to cushion against future crises.”

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