Everything You Need To Know

Financial reform, summed up by three stories:

"Bank Stocks Soar On Financial Reform Agreement"

Banks outdistanced the rest of the market after congressional negotiators agreed on a bill that increases the regulation of financial companies, but that doesn't include some of the harshest provisions that the government originally proposed. The legislation imposes new rules on the complex investments known as derivates, but the rules aren't as strict as investors feared.

"Billions Of Reasons For Banks To Raise Your Checking Fees"

Bank of America, the country's top bank by assets, is "testing new offerings" for its checking account services -- the bank already has monthly maintenance fees on its checking accounts -- that will provide customers with "more choices on how they can pay" for the bank's services, a BofA spokeswoman said. 

"Banks Are Very Cheap In Wake Of Reform"

“At the end of the day, Congress accomplished nothing to remove risk from the system," he continued. "This bill was a big political football.”

Enjoy...especially when Democrats are blamed for not being tough enough when the next financial bomb hits.  And that is going to be a hell of a lot sooner than 70 years.