Listen to Hitting Left with guest Matt Farmer

Friday, December 17, 2010

QUOTABLES

An end to regulation?
Rep. Spencer Bachus (R., Ala.), the incoming chairman of the House Financial Services Committee (left) huddles with the current chairman, Rep. Barney Frank (D., Mass.) at a hearing in September. (AP Photo/Alex Brandon)
Spencer Bachus, the incoming G.O.P. chairman of the House Financial Services Committee, told The Birmingham News that “in Washington, the view is that the banks are to be regulated, and my view is that Washington and the regulators are there to serve the banks.” (WSJ)

1 comment:

  1. Read Paul Krugman's column "Wall Street Whitewash" in today's Times. http://www.nytimes.com/2010/12/17/opinion/17krugman.html

    He has the same quote from Bachus.

    ReplyDelete

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