Another classic Paul Farrell rant — the 10 “dirty tricks” Wall Street lobbyists likely will use to help jump-start a new bull market:

1. Gridlock helps the rich get richer
2. No Glass-Steagall revival
3. Keep rating agencies ‘official’
4. Limit new derivative regulations, keep ‘shadow banking’ alive
5. Offload toxic debt into a government-owned ‘bad bank’
6. Support executive pay limits — in public, anyway
7. Create accounting standards loopholes
8. No limitations on SEC hiring
9. Invest heavily in lobbying
10. Major PR brainwashing: Yes, yes, a new bull is coming!>

He raises many interesting and valid points; go read the entire angry screed ^[1].

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Source:
10 dirty tricks to jump-start a new bull, fast! ^[1]
How Wall Street lobbyists, PR hot shots will limit reform, brainwash America
Paul B. Farrell
MarketWatch, Feb. 9, 2009

http://tinyurl.com/10-dirty-tricks