CBS Evening News for Wednesday, Jul 21, 2010
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(Capitol Hill: Sharyl Attkisson) The financial reform bill designed to prevent another financial meltdown examined; details given about what big banks did creating big risks, how banks will be more regulated, how financial firms will be shut down rather than bailed out, the potential risks for taxpayers, new mortgage procedures, how Fannie Mae/Freddie Mac were left out of the bill. [OBAMA - says there will be no more bailouts.] [Senator Mitch McCONNELL - criticizes the bill.]
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