For now Obama has his hands firmly on the reigns of the fiscal establishments and like a small kid who has strayed off unaided, he actually isn’t going to allow this to happen again. That announced it has been a year since the Dodd Frank Bill was brought into play so have things actually changed?
Well, it must be recounted though unemployment has stayed high, the DJX is up around 20 % since June of 2010 and indexes of small company stocks have also increased by around 30%. The unrestrained risk taking methods that were started by Wall Street prior to the melt down that only fuelled the chaos, have been completely suppressed. Now there’s a surer and calmer approach to how Wall St trades as the govt. Look on. The False Claims Act is a powerful piece of legislation and like it or hate it; it certainly looks like it’s here to stay.