Debt Consolidation

The Facts About Debt

UWSA Wall Street Reform Update

Filed under: Banks
Tags: — Written by: Simos
June 4, 2010
Is Washington’s reform push “the end” for big banks’ casino capitalism?

Is Washington’s reform push “the end” for big banks’ casino capitalism?
Photo by: Richard Styles (Stock Exchange)

America’s love for its financial elites is at an all-time low. Everywhere you look, ordinary folks are in revolt against abusive debt collectors, becoming savvy about debt refinancing, and “moving their money” – not only to cards with lower interest rates, but to different (and smaller) banks. But there’s arguably no greater sign of a change in the air than the amazing speed with which Wall Street reform has taken shape over the last few weeks. At UWSA, we want to make sure you understand what “Wall Street reform” means for you on Main Street, so here’s an overview of the situation. (more…)

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