Sen. Leech (R-Wall Street) shared with our Washington, D.C., correspondent his thoughts about the treachery of speculating with money people voluntarily deposit in banks.
There are no rules. Since the 1980s bankers and politicians have been playing fast and loose. Now, after all these years to imply that Congress could do anything — anything — about banks is to ask greedy human leeches (no pun intended) tell other leeches to better themselves. How? This is unbelievably complex. Like the perfect bank theft or the perfect hedge, or the perfect speculation, there could never be perfect rules, so Congress will never attempt to regulate Wall Street banking,