Posts Tagged ‘Senator Charles Schumer
Loopholes in Dodd’s Legislation
Lobbyists on K Street have been going through Senate Banking Committee Chairman Chris Dodd’s nearly 1,400 page Wall Street reform bill with a fine tooth comb looking for loopholes. Not exactly light reading, but a necessary task for people whose very livelihoods (well, extra zeros on their pay checks) depend upon finding ways around the [...]
Bipartisan Bill Proposes Tax Breaks for Ponzi Victims
A bipartisan bill introduced in the U.S. Senate by Senators Charles E. Schumer, Democrat of New York, and Jon Kyl, Republican of Arizona on March 22 proposes to extend tax breaks to the tens of thousands of Ponzi scheme victims. In contrast to previous proposed legislation which focused exclusively on those who made direct investments [...]