| Donor urges Romney to toughen bank rules |
| Paul Singer, the billionaire hedge fund manager who is one of the Republican party’s most influential donors, is pressing Mitt Romney, presidential candidate, to make the case for tougher bank regulation that would go beyond the Dodd-Frank law. Mr Singer, the chairman of Elliott Associates, recently sent copies of his quarterly investor letter to Romney officials, laying out the need for tighter regulation. The letter, which he distributes to investors and policy makers across the political spectrum, says Dodd-Frank is “ill-conceived” and could cause a financial “black hole”. http://link.ft.com/r/R5WAEE/ |
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Wednesday, August 15, 2012
Donor urges Romney to toughen bank rules
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