Huge Systemic risk threat.
The Banking Lobby represents a Huge Systemic risk.
They got Glass Segal repealed, and are blocking efforts
to bring these huge banks under regulation.
The average retail investor is at a disadvantage.
The SEC investigated Bernie 6 times and
didn't see a $50 billion Ponzi scam.
402% loan sharking,
The banking lobby has been able to
roll back regulation, and oversight.
The power of these banking lobbys
maybe such as to defeat policing
efforts against the criminal banks.
The ones that brought the world
the current economic crisis,
and made criminal baning
activities legal by buying
These banks are using the bail
out money to buy congressmen.
The power of lobbyists over
congress represents a
Huge Systemic risk threat
to the worlds economies.
Series 7 & 13