Financial Reform Bill To Go To Floor

[girl gone mad]

Have to agree w/ Tyler on this one. Emanuel did everything he could to make sure that this bill would only contain weak sauce back in Jan. The best we can hope for is that someone manages to slip in audit the Fed language or prop trading reform, but anything like that is definitely a long shot.

http://www.zerohedge.com/article/financial-reform-bill-go-floor

It appears the impasse on the financial non-reform bill is over, and now that it has been stripped of anything and everything relevant (not much to begin with), the toothless product is about to be voted on by everyone. The "bill" as it now stands will do nothing but accelerate the collapse and the most spectacular banking system blow up in history.