Once upon a time, Blanche Lincoln was a United States Senator from Arkansas, which is no longer as friendly to Democrats as it was when she was first elected in 1998. So, facing a tough re-election battle in 2010, she pushed hard for a seemingly ill-advised rule forcing banks to hive off some of their…
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Tags: bad ideas, Blanche Lincoln, Dodd-Frank, Federal Reserve, not Ben Bernanke's problem anymore, swaps pushout rule