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How to Derail an Economic Recovery

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DID I MENTION I RELY ON THOSE BANKS?
Blackstone chief Stephen Schwarzman penned an op-ed for the Washington Post that argues against stiffer banking regulations. "This country of course needs fundamental reform of our financial regulatory system, as I, and many other financial institution executives, have publicly advocated for a considerable period. But we are debating this hugely important issue in an inflammatory political atmosphere in which key participants seem determined to single out the banks for special retribution in reaction to the financial crisis."
SOURCE:   Washington Post

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