Friday, March 30, 2012 by Countdown
Robert Reich, former U.S. Labor Secretary and a professor at UC Berkeley, and Eliot Spitzer, former governor of New York, consider how the Occupy movement has affected the climate on Wall Street in light of an independent study from Echo Research and Makovsky that seems to show Occupy has had a direct impact on the financial services industry. “The kingpins on Wall Street see this as a public relations problem. They don’t see this as a fundamental problem in terms of changing their ways. They are at this very moment in federal courts all over this country trying to get the rules and regulations pursuant to the Dodd-Frank regulatory reform bill stayed and thrown out of court,” Reich says.
Robert Reich, former U.S. Labor Secretary and a professor at UC Berkeley, and Eliot Spitzer, former governor of New York, consider how the Occupy movement has affected the climate on Wall Street in light of an independent study from Echo Research and Makovsky that seems to show Occupy has had a direct impact on the financial services industry. “The kingpins on Wall Street see this as a public relations problem. They don’t see this as a fundamental problem in terms of changing their ways. They are at this very moment in federal courts all over this country trying to get the rules and regulations pursuant to the Dodd-Frank regulatory reform bill stayed and thrown out of court,” Reich says.
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