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Friday, March 14, 2014 10:35:10 AM
I think that Congress knows they violated the rule of law in regards to the net worth sweep. Recent rhetoric by Crapo, Warner, and others are alluding to the courts having ultimate say in what their legislation can accomplish or legally do. For this reason alone, I do not expect these reform bills to move anywhere until the courts have outlined what is legally allowable and how/if shareholders should be compensated.
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