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interesting how hc is perceived by wall street

By: Cactus Flower in ALEA | Recommend this post (0)
Wed, 03 Jun 15 4:37 AM | 112 view(s)
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the pathway to high risk money for wall street.

""Right now people on Wall Street are talking about Martin O’Malley. Now does he have a chance to win? I’m not a political guy, it would seem like odds are low based on everything that I know," Gasparino said, later adding, "What they're really worried about is not that he's going to win. It’s that he's going to force [Clinton] so far to the left with that resonating message."

Gasparino said Wall Street fears this O'Malley effect could stop Clinton from doing "some of the things they want her to do like water down Dodd-Frank."

"They really think that if she gets in there, that if Hillary Clinton gets in there, that Dodd-Frank will be watered down to the point where they can do proprietary trading using their own capital to trade which is outlawed right now. And various aspects of Dodd-Frank will be freed up so the banks can go back to making a lot of money," Gasparino explained. "Not that they don't make a lot of money now, but even more money, Clinton-era money.""


http://www.businessinsider.com/martin-omalley-is-wall-streets-public-enemy-number-one-2015-6


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