The Libor scandal continues to spread, with more banks and regulators being placed under the microscope for their involvement in rate rigging. Meanwhile, Wall Street's image continues to take a pounding while UBS Americas' chairman strikes out on his own.
July 20, 2012
8. Dodd Frank Lives
If I could push a button and eliminate Dodd-Frank would I do it? No, I would not. … The vast bulk of it is good.
— Lloyd Blankfein, CEO and Chairman of Goldman Sachs
Source: NY Times Dealbook: In Washington, Blankfein Backs Dodd-Frank
