Now that the financial reform bill has cleared the Senate, Wall Street breathes a sigh of relief...

|By:, SA News Editor

Now that the financial reform bill has cleared the Senate, Wall Street breathes a sigh of relief it wasn’t tougher. While the changes might reduce profits, they shouldn’t impact banking’s power or size too much. No breakup of any institution, no onerous new taxes, no new barriers between trading and commercial banking, and no limits on individual bonuses - pretty much business as usual.