On Fri, Dec 12, 2014 at 9:58 AM, raghu <[email protected]> wrote:

> Two questions:
>
> (1) What exactly is this Wall St provision that progressives are upset
> about? I can't seem to find exactly what it says in any of the major new
> reports.
>
> (2) What happened to that provision that would allow troubled pensions
> funds to cut retiree benefits? No one is talking about that one for some
> reason.
>



To answer my own question:
http://www.nakedcapitalism.com/2014/12/cromnibus-pension-provisions-gut-forty-years-policy-allow-existing-pensions-slashed.html
http://www.nakedcapitalism.com/2014/12/elizabeth-warren-remarks-citigroup-bailout-provision-cromnibus-bill.html

I am still puzzled why someone like Elizabeth Warren is not screaming about
the pension ripoff.. And no, I don't think it is because she has now been
captured and coopted by the neoliberal Democratic Party - not saying it
can't happen, but her other actions simply do not support that particular
theory at the moment.
-raghu.
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