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Prechter: Bank Reform Will Shrink Credit and Kill the Economy

By Ilene
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Yahoo Finance Video 3: Prechter: Bank Reform Will Shrink Credit and Kill the Economy

The Senate version of financial regulation is bad for business on Wall Street and, according to the Wall Street Journal, could cut the profits of major financial institutions by roughly 20%. Find out why Robert Prechter thinks it’s also bad for the economy in the third excerpt from Robert Prechter’s May 20 interview with Yahoo! Finance Tech Ticker host Aaron Task.  

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