Washington's Inside Game Seen In Top Bank Lawyer's Emails

Washington’s Inside Game Seen In Top Bank Lawyer’s Emails
FILE - In this Dec. 6, 2011 file photo, SEC Chair Mary Schapiro testifies on Capitol Hill in Washington, before the Senate Banking Committee hearing on the implementation of the Wall Street reform act. The Securities and Exchange Commission staff is drafting proposals that Schapiro says are needed to safeguard the industry and the investing public before the next financial crisis. Its an attempt to fix weaknesses exposed when a large money fund collapsed in 2008, creating a scare that led the government to temporarily guarantee money fund assets. (AP Photo/Evan Vucci, File)
FILE - In this Dec. 6, 2011 file photo, SEC Chair Mary Schapiro testifies on Capitol Hill in Washington, before the Senate Banking Committee hearing on the implementation of the Wall Street reform act. The Securities and Exchange Commission staff is drafting proposals that Schapiro says are needed to safeguard the industry and the investing public before the next financial crisis. Its an attempt to fix weaknesses exposed when a large money fund collapsed in 2008, creating a scare that led the government to temporarily guarantee money fund assets. (AP Photo/Evan Vucci, File)

It had been two days since U.S. lawmakers negotiated all night to finish rules that would reshape the business of Wall Street. The 20-hour session left legislators, aides, lobbyists and regulators exhausted. Almost no one had a grip on all the details.

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