Bloomberg News reports that Emigrant Bank in New York will be the sole recipient of a Dodd-Frank exemption. The bank asked legislators on the House Financial Services Committee to change the language of the financial regulations slightly, exempting Emigrant from having to comply and saving the bank $300 million.
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If you're an alcoholic, you must first stop drinking alcohol before you can start healing If you're a dope head, you must first smoke the dope before you can start the healing process If you're a rapist, you must first stop the raping before you can start the healing process Etc etc etc If you're a liberal demon-crat commi, you must first get a frontal lobotomy before you can start the healing process.
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