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03-15-2010, 02:23 PM #1
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Christopher J. Dodd on TV with Reform
He is speaking on TV now and has been for a while with is Financial Reform Package...care to guess who he represents???? He wants to go out with a Bang....his last parting shot to the American People....hopefully he will be stopped
1 Citigroup Inc $199,550 $194,550 $5,000
2 Bear Stearns $186,350 $184,350 $2,000
3 United Technologies $169,850 $150,850 $19,000
4 American International Group $123,478 $118,818 $4,660
5 St Paul Travelers Companies $112,100 $107,100 $5,000
6 Hartford Financial Services $102,200 $87,200 $15,000
7 National Westminster Bank $98,500 $98,500 $0
8 Morgan Stanley $92,200 $84,200 $8,000
9 Goldman Sachs $72,200 $55,700 $16,500
10 Merrill Lynch $68,650 $64,650 $4,000
11 Lehman Brothers $68,000 $64,000 $4,000
12 JPMorgan Chase & Co $63,800 $56,800 $7,000
13 Royal Bank of Scotland $61,700 $61,700 $0
14 Credit Suisse Securities $59,500 $52,000 $7,500
15 Deloitte Touche Tohmatsu $56,750 $40,750 $16,000
15 KPMG LLP $56,750 $45,750 $11,000
17 General Electric $53,630 $48,600 $5,030
18 Prudential Financial $41,850 $34,200 $7,650
19 Pfizer Inc $40,275 $24,275 $16,000
20 Credit Suisse First Boston $39,750 $39,750 $0
Kathyet
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03-15-2010, 04:17 PM #2
Moving to other topic's
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03-16-2010, 11:06 AM #3
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My question is who is it being "Reformed For"
[quote]
Advisors and Broker Dealers Criticize Dodd's Reform Plan
By Frances McMorris
March 15, 2010
In a highly anticipated move, Senate Banking Committee Chairman Christopher Dodd, introduced his financial regulatory reform bill with a key provision on the fiduciary standard taken out.
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The decision by Dodd, D-Conn., which was expected, has frustrated investor groups who want the more stringent fiduciary standard to be applied to brokers as well as to financial planners who already abide by the rule.
“We’re very disappointed that the original section 913 was deleted and replaced with a study,â€
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