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White House Owns Up Over CEO Invites

Business Insider reports that the White House has finally come clean on the reason that folks like JPMorgan CEO Jamie Dimon and Goldman boss Lloyd Blankfein weren't at the finreg bill signing Wednesday.

The Law Of Unintended Consequences - Again

Bankers like JPMorgan CEO Jamie Dimon have been warning about the unintended consequences of financial regulation for some time now. Now, just one day after the signing of the Dodd-Frank bill into law, we have a couple of examples.