D’Alessandro for Democrats; a chance for a new voice September 6, 2010 Article Courtesy of: The Boston Globe IN THE Massachusetts congressional delegation, Stephen Lynch stands out for his lone-wolf stances. He voted against bailing out the financial system, in favor of the Iraq war, and, from vote to vote, was on both sides of
There are ways to allow companies like GE to stay intact and have their finance arms regulated more closely, Frank said. The structure didn’t cause the financial crisis, and it shouldn’t be an obstacle to regulation, Frank said.
The Obama administration told industry officials on Friday that it was leaning toward making such a recommendation, according to officials who attended a private one-hour meeting between President Barack Obama’s economic advisers and representatives from about a dozen banks, hedge funds and other financial groups.