Financial reform tips toward bankers

[conspiracybeliever]

Financial reform tips toward bankers

So far in congressional debate, it’s lenders 1, consumers 0

WASHINGTON - As Congress this week inches toward a new set of rules to avert another global financial collapse, it is focused on two conflicting goals: reforming the banking system to protect consumers while still giving lenders the freedom to take risks.

So far, the score looks like: Bankers 1, Consumers 0.

More than a year after a wave of risky mortgage bets brought Wall Street to its knees, banks and other financial institutions are still playing by the same rules that got them into the mortgage mess.

http://www.msnbc.msn.com/id/35772179/ns/business-answer_desk/