Political Quotes

Stephen Lee Fincher: “I think that we understand why all of the Wall Street banks are against this prohibition of proprietary trading, because…”

On the recordFebruary 4, 2014
I think that we understand why all of the Wall Street banks are against this prohibition of proprietary trading, because it is a very lucrative business, made even more lucrative by the fact that it is subsidized by taxpayer funding.
Said by
Stephen Lee Fincher
Tennessee

Editor's note · Context

Fincher explains the financial motivations behind Wall Street banks' opposition to proprietary trading restrictions.

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