Sunday, April 4, 2010

Don’t Trust the Regulators

Financial reform can't be left to those who failed us before

Excerpt:

“Here's my problem with the financial-regulation package that Sen. Chris Dodd has proposed: it hands the very regulators who failed us in 2005 and 2006 and 2007 and 2008 the responsibility for saving us next time. If you tried to work backward from the bill to an account of the meltdown that produced it, you'd come up with something like "We have a wise and brave class of regulators who did not have quite as much information or power as they needed to stop the financial crisis."

What They Got Away With

A look at the CEOs who walk off with mountains of money

AND:

The Recession's Winners and Losers

The Greediest People of All Time

No comments:

Post a Comment

Feel free to comment on anything you see and read here. This is an open forum.
Please keep it clean.