Yves Smith — How the Republican Campaign to Gut Dodd Frank is a Huge Gimmie to Banks and Private Equity Funds

Will collateralized loan obligations (CLO) initiated or held by banks, institutional investors, private equity, and hedge funds, as well as junk bonds related investment in the US shale oil boom and falling oil prices turn out to be more financial WMD set to implode? Could the recent push to weaken Dodd-Frank be related to that?

Naked Capitalism
How the Republican Campaign to Gut Dodd Frank is a Huge Gimmie to Banks and Private Equity Funds
Yves Smith