"During the fight over the financial reform bill, the administration consistently took the positions for which the banks were lobbying. Obama and his team were eager to weaken the “Volcker Rule" . . . [B]anks were given massive loans at or near 0 percent from the Fed . . . The administration sided with the banks in keeping the Consumer Financial Protection Agency inside the Federal Reserve . . .."
-- Eric Alterman, here, true believer, who nevertheless saves his real indignation for Wall Street
