On the recordOctober 5, 2011
There were elements of Dodd-Frank which in my opinion pushed that sector in the wrong direction, further protecting or advantaging the GSEs.
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congress.govThere were elements of Dodd-Frank which in my opinion pushed that sector in the wrong direction, further protecting or advantaging the GSEs.
Vitter criticizes aspects of Dodd-Frank for favoring government-sponsored enterprises.
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I think it was really, unfortunately, underreported in the national news for various reasons.
We need tough new laws to hold corporate executives personally accountable, and we need tough prosecutors who have the courage to go after people at the top.
Why isn't this crystal clear proof that an entity as big as Wells is not only too big to fail, but it is too big to manage and it is too big to regulate?
The only way that Wall Street will change is if executives face jail time when they preside over massive frauds.