So, just as drug companies and insurers used Republicans to kill the public option before using Democrats to mandate insurance and subsidize drugs, big banks are using Republicans to kill a bank tax while using Democrats to erect barriers to entry, to institutionalize bailouts, and to restore confidence in Wall Street.
Wednesday, April 21, 2010
Goldman Sachs wants regulation, not laissez-faire
When all is said and done in Wall Street regulation, Goldman will be the winner. I explain in my column: