On Monday, Sen. Chris Dodd was proud to announce that his financial regulatory reform legislation does not exempt auto dealers from new regulations like the House version did. "I don't want to be in the business of carving out large financial providers," said Dodd when he unveiled the bill. "I'm trying to allow the [Consumer Financial Protection Bureau] itself to make some determinations so we don't get into the business of picking winners and losers." But some economists and policy analysts say Dodd's draft makes winners out of private equity and hedge funds.
Comment on Dodd's Bill Soft On Private Equity And Hedge Funds, Say Critics
The Huffington Post News Editors, Huffington Post
Wed, 03/17/2010 - 3:42pm
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