Guess she won renomination

[daa]

JUNE 15, 2010Senator Pitches a Tamer Bank Bill

By DAMIAN PALETTA
WASHINGTON—A key senator who has championed strict rules on derivative trading for banks has offered a retooled version of her plan that would allow banks to keep derivatives-trading businesses but could force them to raise billions in capital to do so.

Regulators had opposed the original plan by Senate Agriculture Committee Chairman Blanche Lincoln (D., Ark.) which initially appeared to force banks to get rid of their derivatives businesses entirely.

http://online.wsj.com/article/SB10001424052748703685404575307042349354142.html?KEYWORDS=blanche+lincoln

Looks like the banks won also.

[sinkingfeeling]

1. We were wondering how she would get out of the box she built around herself. She would have

never put the provision in there if it hadn't been for Bill Halter's challenge.