by Paul B Farrell, JD, PhD
Back in January one of my MarketWatch columns was an “open letter” to the president: “10 reasons Obama is failing 95 million investors: Why his ‘Fat Cat Bankers’ are destroying both capitalism and democracy.” The response was strong. Today, given all the financial reforms now being secretly contested in Washington, especially the Consumer Financial Protection Agency that the banks are spending millions to kill, those “10 reasons” seem far more important. Read them closely, not as some short-term critique, but for the long-term historical consequences, not their impact on your retirement but the impact on future generations of Americans …
