Politics

Goldman Sachs Gets Top Seed

|

As the House and Senate prepare to reconcile their versions of the new financial regulation package, Tim Carney starts to sort out which businesses will benefit from the new rules and which ones will come out behind. The players, he notes, include "investment banks, commercial banks, hedge funds, private equity firms, car dealers, community banks, credit unions, and many others. A general rule when following these complicated rumbles is to ask 'who has the strongest political connections?' and then assume that side will win."