Divisive issues remain as Congress negotiates financial regulatory overhaul

One evening late last week, as House and Senate negotiators wound down another marathon session hammering out details of a massive financial regulatory overhaul, Sen Christopher Dodd (D-CT) uttered what almost everyone else in the room was thinking. “My own fear is that we’ve all died and this is our purgatory,” the chairman of the Senate banking committee said, sending a ripple of laughter through the weary crowd.

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