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The latest massive offense the Obama administration has done to Wall Street is to come up with a rule telling financial services companies that their first duty is to their clients. That’s such an offensive requirement, Republicans in Congress have even been trying to derail it. Because nothing should stand in the way of profits for Wall Street, including the nest eggs of senior citizens. To prove how awful the whole idea is, American International Group Inc. (AIG)  decided they had to sell off, admitting that if they can’t screw old people out of money, then why bother?

Continue reading:  AIG says if the government won’t let them screw over retirees, they won’t play

Related story:  Senator Elizabeth Warren blasts Wall Street regulators in a report titled ‘Rigged Justice: 2016’

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