
Financial regulation is turning into a bigger muddle than it was before the crisis. Nearly six months after the Obama administration unveiled its blueprint for the biggest overhaul of the financial system since the 1930s, lawmakers are still, well, talking. Full Article
The downwardly revised 3rd quarter GDP certainly didn't shock economists who were expecting a softer reading than the initial 3.5 percent, but the 2.8 percent certainly isn't pretty especially considering ... Full Article

The amendment is not very long: only 24 lines in the House's mammoth draft legislation aimed at saving the financial system from itself. Still, it threatens to make an outsized impact on a critical source of market financing. Full Article
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