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The Real Story Behind Wall Street’s Collapse

September 26, 2009

Analysis of:Wall Street Journal Article - From Bear to Bull | online.wsj.com

The ill conceived and poorly executed regulations imposed upon the financial services industry over the past eight decades are the direct and proximate cause of the current turmoil taking place on Wall Street. Although certain narrowly tailored regulations are beneficial to the economy at large, the “shot-gun” approach favored by legislators over the years has cause far more harm to Wall Street and to the global economy than good.

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