obama vows tougher wall st. regulation

More regulation means lower profits on wall street which means lower value added by wall street to US business and lower liquidity for the US economy which means severely lower growth which means worse lifestyles for the consumer and less upward mobility which all together means we are all worse off and therefore property values decline.

so, we can assume from your comments that you are in favor of less regulation?

Geithner has made it clear that any regulation will NOT put a cap on salaries. Let me repeat: Any regualtion of Wall St. will NOT limit salaries.

So there is nothing to see here people. You can all go home now.

And the big sweeping, regulatory change is...

Elimination of one regulatory agency - OTS

not to be outdone by of course adding another regulatory agency for consumer protection so net net the alphabet soup of regulators stays the same...

Now that is change you can believe in

"Geithner has made it clear that any regulation will NOT put a cap on salaries. Let me repeat: Any regualtion of Wall St. will NOT limit salaries. "

thats the headline for the public, but the administration has made it clear that the excesses of the past will not be tolerated. you will not see on the cover of the NY post this year how much $$ banks have set aside for comp. new regulations will prevent the massive pay days because banks are now longer allowed to lever up as they did in the past. leverage is dead..hence massive bonuses are gone.

There's speculation that bonuses could return to 2006 levels.

http://www.breakingviews.com/2009/06/15/bonuses.aspx?sg=nytimes