I think we forget that hundreds of thousands of jobs in Indiana, Ohio, Pennsylvania, and other places were all lost due to the extraordinary destruction caused on Wall Street, due to the extraordinary destruction caused by derivatives and their failures.
Grimm highlights job losses due to Wall Street's actions and derivatives failures.
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Smaller banks can't compete--they can't keep up with the administrative costs of all of the rules and regulations.
I don't think that is a diplomatic thing to do. I think that Argentina has been emboldened by this amicus brief.
We want to move away from risk identification of that binary line. We want to move into graduated risk analysis and true flood management of multi-frequency hazards, including future conditions.
At a time when our economy is still struggling to create jobs and erase the damage done during the great recession, we must strive to do all that we can to ensure the flow of much-needed capital to Main Street businesses.
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