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Congressman Dennis Kucinich is seeking a 75% tax on the extraordinary bonuses that bankers are planning to pay themselves through the use of windfall profits earned from massive taxpayer support of the financial services industry.
"Shareholders need vigorous enforcement of the law by the SEC. Years of neglect and deliberate non-enforcement under former Chairman Christopher Cox coincided with the explosion in complex, exotic and now toxic investments. Hopefully, the actions taken by Chairman Mary Schapiro to resurrect the agency, including yesterday's announcement of further charges against Bank of America for withholding important information from shareholders prior to the merger vote, signals a much needed change," added Kucinich.
This is Kucinich just being Kucinich. This is why he is and always has been better than that corrupted Ron Paul.