Politics

WWGSD

By Sunlight Foundation & Participatory Politics Foundation

Mike Konczal of the excellent Rorty Bomb blog is a former Wall Street financial engineer. He took a look at the recently unveiled Dodd financial reform bill through the galsses of his Wall Street experience to see what Goldman Sachs might be thinking.

I actually read this bill as if I was a Goldman Sachs lobbyist, looking for all the sections that I hated and made a list of what items I needed to lobby hard on to kill or modify.

My final verdict, by the time I got to the end? If I was a Goldman lobbyist, I'd probably shrug and go 'eh, pass it.'

The lobbying will go on, of course. In fact, The Hill today has a look at the top 10 lobbyists fights over financial reform legislation.

Full post as published by Open Congress on March 18, 2010 (boomark / email).