Wednesday, March 27, 2013

Wall Street’s Biggest Fear!

It’s enough to make financial moguls s#*t in their pants. The departure of Senate Banking Committee Chairman Tim Johnson (D-S.D.) has left a vacancy atop the powerful panel that could fall to one of Wall Street's most outspoken foes, a possibility that has bank lobbyists fretting.
Sen. Sherrod Brown (D-Ohio), whose call to break up and cap the size of major banks has spooked Wall Street, is behind three senators who would have dibs on the gavel, but all three are likely to bypass the opportunity. A Brown chairmanship would also be a boost to his ally Sen. Elizabeth Warren (D-Mass.), strengthening her hand on the panel. Brown's office didn't immediately return a request for comment….

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