2014-04-26slate.com

``Less than six years after a massive financial crisis drove the U.S. banking system to the edge of collapse, leading to a $700 billion government bailout and a recession that destroyed as much as $34 trillion in wealth, bankers and lawmakers are working in concert to undermine Dodd-Frank, an 849-page law designed to prevent another failure.

There are more than 2,000 lobbyists for financial firms and trade groups, and many are spreading money around Washington, enlisting like-minded members of Congress to write letters, propose legislation, hold hearings, and threaten agency budgets as they pressure regulators to ease up on banks.''



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