One of the better candidates for financial firms

And then in October CNN reported that Clinton said she won’t reinstate Glass-Seagall – saying also that she would do something “more comprehensive,” but that sounds to me like jam tomorrow.

Davenport, Iowa (CNN) Hillary Clinton on Tuesday dismissed the idea of reinstating a Depression-era banking law that has found champions in two of her Democratic opponents, setting up what will likely be a flashpoint in next week’s Democratic primary debate.

Asked by a voter in Iowa about reinstating the Glass-Steagall Act, a law that separated commercial and investment banks until its repeal under President Bill Clinton, Hillary Clinton said that her Wall Street plan — which will be unveiled next week — would be “more comprehensive” than reinstating the law.

A couple of days later CNN reported that the banks were much relieved – which tells us how shitty her plan must be.

Hillary Clinton unveiled her big plan to curb the worst of Wall Street’s excesses on Thursday. The reaction from the banking community was a shrug, if not relief.

While Clinton proposes some harsher regulations, she stops far short of what more populist Democrats like Bernie Sanders and Elizabeth Warren want to do to Wall Street.

How populist do you really have to be to think the bankers shouldn’t be in charge of the economy?

Sanders and Warren think the big banks should be broken up. Clinton does not. It’s a big divide in the Democratic party.

“We continue to believe Clinton would be one of the better candidates for financial firms,” wrote Jaret Seiberg of Guggenheim Partners in a note to clients analyzing her plan.

And so one of the worse for everyone else.

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