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Tellabs Incorporated
Will Wall Street prevail?
Will Wall Street prevail?

Corporate-sponsored groups have launched a campaign of litigation in the lower federal courts challenging the legality of the second major piece of President Barack Obama's legislative program, one that received a lot of attention in last week's first presidential debate: the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010. When these cases reach the Supreme Court, we could very well see a reprise of the drama surrounding its decision on the Affordable Care Act at the end of this past term. As was true of the ACA, a Democratic-controlled Congress passed Dodd-Frank over almost universal Republican opposition, including a Senate filibuster. Unlike the ACA, however,...