Funny Business: Snatched from the Jaws of Victory
Financial reform is on the way.And Wall Street is breathing a sigh of relief.Puzzled?You’re not alone.Many of us who watched in horror as the casino spirit that pervades our mega-banks and hedge funds nearly destroyed the world’s financial system and crippled the U.S. economy have been waiting for the Hanging Judge to come out of his chambers to dispense rough justice.But instead, the bills that have emerged from the House and the Senate and that will now be reconciled into a single piece of legislation mete out a few ankle bracelets, some fines, and a stern warning that the sheriff will be watching carefully once the felons go back to work. -more-