Money Well Spent

The rally in the banks was because Barney Frank said that any regulations would be phased in over 3 to 5 years. The banks lobbying dollars hard at work. That was even quicker than I expected. Maybe regulations in 3 to 5 years?

3 comments:

Anonymous said...

Rally in banks? You mean small banks?

Tsachy Mishal said...

The big banks rallied a couple of percent in the five minutes right after Barney Frank opened his mouth.

Anonymous said...

Hilarious. You know what I would like to see? Barney Fwank out on his ass just like the Kennedy senate seat.