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Why the Financial Reform Bill Will Help Rather than Hinder Goldmans

The always insightful Eric Falkenstein:

Blankfein is a crony capitalist, begging for more ‘regulation’ because he knows that a 1300 page bill basically only helps those with connections and extant massive legal infrastructure, and hurts potential competitors who merely have good ideas

 

posted on 28 April 2010 by skirchner in Economics, Financial Markets, Rule of Law

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