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  Ford vows to defend Wall Street if he runs
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ContributorBrandonius Maximus 
Last EditedBrandonius Maximus  Feb 15, 2010 01:22pm
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News DateMonday, February 15, 2010 07:00:00 PM UTC0:0
DescriptionFormer Tennessee Democratic Rep. Harold Ford Jr. vowed on Sunday to defend Wall Street if he challenges Sen. Kirsten Gillibrand (D-N.Y.) in this year's Democratic primary.

“I make no bones about it. New York City, New York state depend heavily on Wall Street,” said Ford, currently a vice chairman and policy adviser to Wall Street firm Merrill Lynch, on NBC’s “Meet the Press.”

“I’m a believer the system ought to be reformed but putting a tax on banks at a time in which the recovery is as timid as it is – 680,000 New Yorkers work in this industry," Ford said, criticizing President Barack Obama’s proposal to levy a fee on the largest financial firms to recoup taxpayer bailout money given the importance of their tax dollars to "the revenue of the city and the state of New York.”
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