Bachus Comforts Wall Street While Bashing Dodd-Frank at Home
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In Homewood, Alabama, retiree Lynn Arnold says the U.S. government should crack down on Wall Street after bond and derivative deals arranged by JPMorgan Chase & Co. left Jefferson County in fiscal purgatory.
“There needs to be something to help so this doesn’t happen again to another county or another city,” said the former audiologist, whose sewer bill may increase 25 percent to pay for the debacle. “A lot of people are suffering.”