Representative Barney Frank proved Tuesday night that it never hurts to ask, even when you are asking longtime foes to fork over cash. The Massachusetts Democrat held a Wall Street fund-raiser on Tuesday, less than a year after authoring the Dodd-Frank Act, a sweeping crackdown on the financial industry.
While some bankers saw the event as a striking display of chutzpah, even by Wall Street standards, other industry players were not about to miss the chance to hobnob with one of the nation’s top financial cops.
JPMorgan Chase, Goldman Sachs and Morgan Stanley all dispatched officials to the event, hosted by the Securities Industry and Financial Markets Association, one of Wall Street’s most vocal advocates on the Dodd-Frank financial regulatory law…
Find out more at: http://dealbook.nytimes.com/2011/06/08/mr-frank-goes-to-wall-street/
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