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Essay / Research Paper Abstract
This is a 7 page paper that provides an overview of proposed financial reform. The information is presented from the perspective of a payday loan company regional manager, facing the impact financial reforms will have on such businesses. Bibliography lists 3 sources.
Page Count:
7 pages (~225 words per page)
File: KW60_KFobeth2.doc
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Unformatted sample text from the term paper:
listed below. Citation styles constantly change, and these examples may not contain the most recent updates. Financial Reform Whitepaper , 11/2010 --for more information
on using this paper properly! Earlier this year, President Obama signed into law several sweeping financial reforms aimed at stabilizing an economy
in danger. As with all reforms, the Dodd-Frank financial reform incited both Republicans and Democrats alike to heated debate, with many Americans remaining undecided and confused due to the overwhelming
complexity of the proposed bill. The center of the controversy focuses on whether or not the financial reform bill will actually improve the state of the economy or whether it
will instead prove to be detrimental. It is important to review and study such economic policies to better understand how the American economic beast operates and how business both great
and small can improve. Moreover, such an analysis will provide insight into how the reform will have unforeseen negative impacts on "innocent bystander" industries, such as the payday loan market.
As a regional manager for the Amscot corporation, specializing in payday loans, I urge the editors of the Wall Street Journal to consider this "insider" assessment of the unforeseen consequences
of the proposed reforms. The Dodd-Frank Reform Bill
This paragraph helps the student briefly present his or her position on the argument. Opponents to the Dodd-Frank reform bill believe that it will do absolutely nothing when
it comes to improving the state of the economy. They believe this, in part, because the bill was drafted before the Financial Crisis Inquiry Commission presented their findings (Taylor, 2010).
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