At the end of last week, the Obama administration reportedly told Senate Democrats to drop the $50 billion liquidation fund — often referred to as a “bailout fund” — from the financial regulation bill as a concession to Republicans.…
What do people do at Goldman Sachs all day? They prepare to work at the White House and at the U.S. Treasury Department, that’s what. Even a short list might stun the uninitiated.
Bloomberg takes a hard look at the lobbying fight over financial regulatory overhaul and concludes that despite last week’s passage of a financial regulatory overhaul package by the House, the banks won — simply by not losing as…
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