NAMIC, IIABA oppose OFC vith emails to reps, prez


NAMIC and IIABA try to counter-lobby Geithner against OFC

We take no position on OFC, but we differ on the likelihood of it happening soon. Mr. Hersh says OFC gets swept along in a general reform of financial services. I’m still betting that these kinds of lobbying groups can have enough sway with Democratic governors and a Democratic house majority to get it off the table. We’ll see who buys the drinks at ACORD/LOMA or ISOTech!

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