That is one vague article.
The most important reform says that if you want to access to money from Uncle Sam, you have to be a plain vanilla bank, and not have your own proprietary trading desk.
Sorry if you own Goldman Sachs stock, but that sounds pretty reasonable to me.
Lender of last resort to prevent bank runs? OK.
Lender of first resort to punt on pig bellies? No thank you. Do that on your own dime.
Good job Obama.
Now get Freddie and Fannie fixed up and dumped off.
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