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March 17, 2010 - by Donny Shaw

Mike Konczal of the excellent Rorty Bomb blog is a former Wall Street financial engineer. He took a look at the recently unveiled Dodd financial reform bill through the galsses of his Wall Street experience to see what Goldman Sachs might be thinking.

I actually read this bill as if I was a Goldman Sachs lobbyist, looking for all the sections that I hated and made a list of what items I needed to lobby hard on to kill or modify.

My final verdict, by the time I got to the end? If I was a Goldman lobbyist, I’d probably shrug and go “eh, pass it.”

The lobbying will go on, of course. In fact, The Hill today has a look at the top 10 lobbyists fights over financial reform legislation.

(h/t Ezra Klein).

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Comments

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