According to the text, President Obama's proposals to deal with the financial services industry
A) leave in place the very regulators whose oversight failed because they were too cozy with the banks.
B) deal with the problem of some banks being too big to fail by breaking them up into much smaller ones.
C) succeed in eliminating the financial innovations (derivatives) that proved so risky.
D) immediately achieved dramatic success in redistributing power and money from those who are rich and powerful to those who are poor and economically disadvantaged.
E) are nothing more than affirmative action in disguise.
Correct Answer:
Verified
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