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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (115915)	9/25/2008 1:31:12 AM
From: Thomas M.	1 Recommendation Read Replies (1) of 132070

Interesting idea that runs counter to the prevailing wisdom: We are heading for less regulation, not more. Hedge funds grab the spotlight on Wall St. The consensus in Washington is that the Wall Street meltdown means an inevitable resurgence of regulatory authority over the financial sector. But what it may actually portend is just the opposite: the emergence of an almost entirely unregulated financial sector that replaces investment banks that were more rigorously regulated. politico.com Tom

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