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June 26, 2010
Compromise on Reform Bill Lifts Bank Stocks
House and Senate Democrats have reached a compromise on the Dodd-Frank Wall Street Reform and Consumer Protection Act. The House could approve the bill as soon as this coming Tuesday. Senate approval is not guaranteed, but there is a strong possibility the bill could be signed into law by July 4.
The Wall Street Journal provides a nice four-part summary here. The Huffington Post reports bank stocks rose in reaction to the news. Draw your own conclusions.
SJP
June 26, 2010 in Corporate Governance, Current Affairs, Government and Business, Politics | Permalink
Comments
This is such an important topic, thank you so much for sharing.
Posted by: Penny Stocks | Aug 27, 2010 3:38:04 AM
