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As A Watchdog Starves, Wall Street Is Tossed A Bone

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As a Watchdog Starves, Wall Street Is Tossed a Bone

The kind of spending cuts that make bankers feel all warm and fuzzy inside ....

The economy is still suffering from the worst financial crisis since the Depression, and widespread anger persists that financial institutions that caused it received bailouts of billions of taxpayer dollars and haven’t been held accountable for any wrongdoing. Yet the House Appropriations Committee has responded by starving the agency responsible for bringing financial wrongdoers to justice — while putting over $200 million that could otherwise have been spent on investigations and enforcement actions back into the pockets of Wall Street.

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The banks are slowly beginning to realize that their loses are so great that the public's pockets aren't going to be deep enough to cover them. What we are beginning to see is the start of an untidy rush to claim what they can before the whole sector wakes to the truth.

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  • 284 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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