In the words of Miley Cyrus, "Say, what?"
The "populist" don't want the bankers to be able to steal anymore?
"Say what?" (Come on, I have a seven year old!)
These lobbyist's arguments are as thin as the plotlines!
June 25 (Bloomberg) -- Wall Street’s largest trade group has started a campaign to counter the “populist” backlash against bankers, enlisting two former aides to Treasury Secretary Henry Paulson to spearhead the effort.
In memos of confidential meetings with top financial executives, the Securities Industry and Financial Markets Association said it began this month the “execution phase” of the operation, which pledges to “embrace change” and accountability. The plan targets policy makers and the media in New York, London, Washington and Brussels and calls for a “city-by-city, grass roots” approach.