Wisconsin Banking Update
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Opinion: Re-Regulate Wall Street
Posted on May 9th, 2010 No comments“The [financial reform] legislation moving through Congress will prevent future bailouts by eliminating the idea that some financial institutions can become too big to fail. It establishes a middle ground between bankruptcy and bailout with an orderly liquidation process, in case Wall Street firms once again run themselves into the extreme distress that forced taxpayers to save them in 2008,” writes Viterbo University Professor Keith Knutson in the La Crosse Tribune.
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