The Lincoln assassination: the strange tale of the swaps push-out

Insiders tell the story of the 'zombie' bill everyone hated, but no-one could kill


By 5am on June 24, 2010, attempts to agree the final text of the Dodd-Frank Act were in the twentieth hour of their seventh day. Ties had been loosened and sleeves rolled up, suit jackets were long gone; the staffers passing in and out of the conference room to make technical edits to the draft bill had lost their manic energy.

Even the sight of Commodity Futures Trading Commission (CFTC) chairman, Gary Gensler, stalking around the room in his socks – having discarded pinching shoes hours ago –

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