Big Bank lobbyists would love to stick a shiv in important provisions of the financial bill as quietly as possible. Unfortunately for them, the Democratic leadership has done everything it can to make quiet back room dealing difficult.
The financial reform bill is virtually designed to institutionalize "too big to fail." And when it's reconciled we'll lose another battle in the ongoing war between global financial markets and democratic nation-states.
If the legislation currently being debated by the legislature is not real financial reform (and it is not, according to Fisher), then our current policy trajectory amounts to facilitating further rounds of financial dementia.
The coming legislative debate will clearly divide people into "for" and "against" our massive global banks that have so manifestly gone bad. For the last time: Which side does the president really want to be on?
The only way to make sure no bank it 'too big to fail' is to make sure no bank is too big. If our current leaders fail to do this, you have every reason to believe it's because Wall Street has paid them not to.