Wall Street Voluntarily Downsizing, Fearing Populist Revolt

[Frodo]

Elizabeth Warren has already won, it seems:

Has Elizabeth Warren defeated Wall Street?
Fearing a populist revolt, big banks are starting to downsize on their own.

By Ben White
11/03/15 05:13 AM EST
Updated 11/03/15 02:00 PM EST

You must be logged in to read this quote.

------------------------------------------------------

Read more: http://www.politico.com/story/2015/11/elizabeth-warren-wall-street-215452#ixzz3qa1Y2odM

[Bacon King]

"Hey guys it looks like you don't need to.regulate us after all ha ha no need to pass any laws about it nope so I guess the laws now are totally fine for everyone" *continues exploiting massive loopholes*

[Clarko95 📚💰📈]

To be fair, some credit should be given to the Federal Reserve for their new capital requirement rules, which incentivizes the downsizing of the biggest banks.



So it's not entirely "voluntary"

[Ishiharafan50]

fed is out of control