Democrats move to regulate Wall Street.

[Technosoul]

Does Wall Street need more oversite from Congress?

Democrats seek stronger regulator for Wall Street - International Herald Tribune

[Compugasm]

The Treasury secretary, Henry Paulson Jr., has talked about the need to re-examine capital requirements for financial institutions ... JPMorgan received 30billion.... ...Offered Bear Sterns 1.2 billion... ..bank regulators did little to slow the explosive growth of high-risk subprime mortgages, many of which were "liar's loans" that did not require borrowers to verify their incomes...

From my armchair, I'd say what they're proposing isn't what we need at all. It says nothing about protecting consumers. They're made out to be simply liars, while "hundreds of billions" get funneled into the banks. It doesn't sound right to me.