http://news.yahoo.com/s/ap/us_financial_overhaul;_ylt=AurfNYgWXRUmAoGwT3cReVKs0NUE;_ylu=X3oDMTNsNWpwZWpsBGFzc2V0A2FwLzIwMTAwNzE1L3VzX2ZpbmFuY2lhbF9vdmVyaGF1bARjY29kZQNtb3N0cG9wdWxhcgRjcG9zAzEEcG9zAzIEcHQDaG9tZV9jb2tlBHNlYwN5bl90b3Bfc3RvcnkEc2xrA3NlbmF0ZWNsZWFycw--
What a Party joke and Goldman is the punch line.
What's the point of all those Senate hearings if they never hear a thing.
It's just another massive waste of time and money to make it look like the Senate is actually doing something besides parting on the taxpayers dime.
A year in the making and 22 months after the collapse of Lehman Brothers triggered a worldwide panic in credit and other markets, the bill cleared its final hurdle with a 60-39 Senate vote. It now goes to the White House for President Barack Obama's signature, expected as early as Wednesday.
The law will give the government new powers to break up companies that threaten the economy, create a new agency to guard consumers in their financial transactions and shine a light into shadow financial markets that escaped the oversight of regulators. The vote came on the same day that Goldman Sachs & Co. agreed to pay a record $550 million to settle charges that it misled buyers of mortgage-related investments.
