That sense of victory barely lasted the morning. The same financial behemoths that had fought so ferociously to block Dodd-Frank were not going to let the mere fact of the bill’s passage ruin their plans. “Halftime,” shrugged Scott Talbott, chief lobbyist for the Financial Services Roundtable, a lobbying group representing 100 of the country’s largest financial institutions.
— Gary Rivlin, “How Wall Street Defanged Dodd-Frank”, in the May 20, 2013 issue of The Nation. Rivlin will be on the show tomorrow talking about the article.