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Banks messes prove they need a strict baby sitter (Los Angeles Times)


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Its not that lawmakers want to crack down on banks because its sounds like fun (although it does). Theyre doing it because banks have proved themselves consistently unworthy of our trust. As Sen. Christopher J. Dodd unveiled a sweeping plan last week to overhaul regulation of the banking industry, and as the banking industry complained loudly that this would be a horrible idea, I couldnt help ......

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