“Gangsters” “malefactors”
July 14, 2009 | federal legislation, industry | Comments (0)Bob Hebert at the New York Times wants the Consumer Finance Protection Agency created, and if you’re a banker who doesn’t want it created, well you know what you are (see above.):
Protecting the consumer is, of course, anathema to the industry. So it’s preparing for war. The Times’s Edmund Andrews neatly summed up the matter when he wrote that “banks and mortgage lenders are placing top priority on killing” the president’s proposal.
Can’t we have a reasonable debate on this?
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