Schumer on the passage of Graham Leach Bliley bill

Schumer is so bought by the banks it's not even funny.

CONGRESS PASSES WIDE-RANGING BILL EASING BANK LAWS - The New York Times: "''If we don't pass this bill, we could find London or Frankfurt or years down the road Shanghai becoming the financial capital of the world,'' said Senator Charles E. Schumer, Democrat of New York. ''There are many reasons for this bill, but first and foremost is to ensure that U.S. financial firms remain competitive.''"