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The Frank-Dodd Act Could Solve Part of the Unemployment Problem

Posted on July 15, 2010 by Caleb Newquist

“In 2,500 pages of dense prose, we’re about to receive legislation that could better be entitled ‘The Lawyers’ and Lobbyists’ Full Employment Act.”’

~ Harvey Pitt, former SEC Chairman, graduated with his law degree from St. John’s in 1968.

Posted in Quote of the Day, SECTagged Financial regulatory reform, Harvey Pitt

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Next: Accounting News Roundup: Congress Still Stalling on Tax Bill; ‘Most Americans Have Not Planned Well for Their Futures’; Deloitte’s Schroeder Joining FASB | 07.15.10

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