“False security is no security at all,” writes the Wisconsin senator, who says he will not vote for the financial reform bill because it would not prevent another meltdown and “has Wall Street’s fingerprints all over it.” According to Feingold, “the administration and conference leaders have gone to significant lengths to avoid making the bill stronger.”

Feingold, one of a handful of senators to vote against the deregulation of Wall Street in the 1990s, writes of his colleagues, “I don’t need to be lectured about this issue by people who supported the repeal of Glass-Steagall, [the law whose elimination] paved the way for this terrible recession.” — PZS