Bank Capital Plan Proves Divisive With Regulators -- Giving Wall Street Critics a Boost
Also, bank lobby holds its own Twitter event to rip proposal; CFTC Democrats buck Behnam on swaps rule
Regulators’ long-awaited plan to boost bank capital, not surprisingly, provoked an immediate outcry from the big firms that have spent months laying the groundwork for an all out war against the proposal. But the nearly 1,100-page overhaul released today by the Fed, FDIC and OCC also spurred a series of dissents from within.
Republican appointees at the …