- "...Murmurs were already emanating from Washington
about the need for a wide-ranging regulatory overhaul, and Wall Street
executives girded for a fight."
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- http://www.nytimes.com/2009/06/01/business/01
lobby.html?pagewanted=1&_r=2&partner=rss&emc=rss
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- Page 3...
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- "...Because the banks' lobbyists persuaded some
of his Republican colleagues to resist more sweeping changes, Mr. Peterson
said, he has had to modify a bill he introduced that is similar to Mr.
Harkin's in calling for wide-ranging limits on derivatives.
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- (Referring to Congress)..."The banks run the place,"
Mr. Peterson said. "I will tell you what the problem is - they give
three times more money than the next biggest group. It's huge the amount
of money they put into politics."
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- (Representative Collin C. Peterson, a Minnesota Democrat
and the chairman of the House Agriculture Committee)
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