Taxes on the income of most managers of private-equity and other investment funds would more than double under a multibillion-dollar jobs package being readied by Democrats and expected to be released Thursday. http://www.cnbc.com/id/37263104
The Senate approved a sweeping Wall Street reform bill on Thursday night, capping months of wrangling over the biggest overhaul of financial regulation since the 1930s.
By a vote of 59 to 39, the Senate handed a victory to President Barack Obama, a champion of tighter rules for banks and capital markets following the 2007-2009 financial crisis that led to a deep recession and massive taxpayer bailouts.
http://www.cnbc.com/id/37265413
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Published: Thursday, 20 May 2010 | 9:05 PM ET
The Senate approved a sweeping Wall Street reform bill on Thursday night, capping months of wrangling over the biggest overhaul of financial regulation since the 1930s.
2 Chronicles 7:14 America cry out to God.
We pray God to restore America from living in Sodom and Gomorrah.
What do we see through this in the future is that financial markets function like big gambling with intellectual twist incorporating academic theories, Fed manipulation, and political drama.The World's Biggest Debtor Nations
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