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Banks Run The Country
In Crisis, Banks Dig In for Fight Against Rules

(NY Times)
"...Murmurs were already emanating from Washington about the need for a wide-ranging regulatory overhaul, and Wall Street executives girded for a fight."
Page 3...
"...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.
(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."
(Representative Collin C. Peterson, a Minnesota Democrat and the chairman of the House Agriculture Committee)
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