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Flight Delays Don’t Hold Up White House Meeting With Bankers - Washington Wire - WSJ

11 hours ago ago from Wall Street Journal

By Elizabeth Williamson The White House just released a backgrounder on the presidents meeting with big bankers today. Not much news, except for the no-shows: Lloyd Blankfein of Goldman Sachs, John Mack of Morgan Stanley and Richard Parsons of Citigroup all had flights grounded because of bad weather. (Its sunny and clear here in D.C., anyway). Note the lack of private jets here. Our colleagues Aaron Lucchetti and David Enrich report that ...

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House passes bank regulatory reform bill, complete with a gaping loophole

11 hours ago ago from WalletPop

The House finally passed its financial regulatory reform bill today by a 21-vote margin. Apparently, there are 202 members of the House, Republicans and Democrats, who aren't interested in clamping down on the too-big-to-fail financials that helped to get us into this mess. While there are a lot of great things in the bill, there are also some gigantic loopholes. Continue reading House passes bank regulatory reform bill, complete with a ...

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