Interesting article about Washington's new influence over Wall Street.

Whether you are for or against the unprecedented government bailout of the financial sector that began last year, no one can deny its impact.

"It's often said that Wall Street is no longer the financial capital, that it's Washington, D.C., and that's certainly true. I don't think this is destined to change. I think this is going to be a fact of life." Richard H. Clarida, assistant Treasury secretary under President George W. Bush, now an economics professor at Columbia University.