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Politics : PRESIDENT GEORGE W. BUSH
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To: Bald Eagle who wrote (507468)12/10/2003 7:04:20 PM
From: Skywatcher  Read Replies (1) of 769670
 
Bush and Company want to PROTECT the CROOKS as usual.....SPITZER FOR PRESIDENT!!!!!
Spitzer blasts OCC proposal on banks By Greg Morcroft
NEW YORK CBS.MW) -- New York Attorney General Eliot Spitzer, who has
spearheaded an nvestigation into the $7 trillion mutual fund industry, called on the
Office of the Comptroller of the Currency to withdraw proposed regulations that would
expand the OCC's powers and exempt national banks from nearly all consumer
protection laws. Spitzer, in a press conference Wednesday, said the OCC is trying to
preempt state and local laws. The New York AG pointed to an advisory letter issued by
the OCC telling banks to not respond to state inquiries. "For them to say state and
local laws cannot be enforced is simply wrong," Spitzer said.

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