The SEC, fresh from their cream-puff settlement with Goldman Sachs, turned around last month and laid a 78-page complaint on the Wyly Brothers, alleging that the billionaire businessmen committed all manner of misconduct.
Beware the myth of the monolith -- we netroots activists come from all walks of American life to do the hard work of creating harmony from cacophony in a tradition as patriotic as our country's motto, E Pluribus Unum.
"Financial Reform" will be a boom for people in the payday loan business. There will be many new customers who need bank-like services. It's almost like Congress implemented a plan of "Reverse Robin Hood."