I wondered why Cantwell became the derivatives avenging angel. Apparently,somebody had to clean up the mess and Lincoln just wasn't up for the task. dday writes:It’s very clear that Cantwell, not Lincoln, was the driving force behind the derivatives title. According to Business Week, Lincoln couldn’t even defend her own derivatives proposal at a Democratic caucus meeting, and Cantwell had to step in and bail her out. Lincoln was clearly fed the strong language, when she was planning a much weaker proposal with Saxby Chambliss (R-GA), to project an image of a populist Wall Street reformer for her suddenly tough primary challenge from Bill Halter.
The entire Lincoln derivatives issue was a charade. And this is proven by her muted response to a fight over the potential loophole, as well as the virtual certainty of weakening in conference, again without a peep from her.