rssWhat to Demand from FinReg
Friday, April 23, 2010 at 5:19 pm
- 6 Comments
Mike Konczal of the Roosevelt Institute and the blog Rortybomb has a useful chart and paper outlining what to demand from Sen. Chris Dodd’s (D-Conn.) financial regulatory reform bill — the provisions that will ensure financial security — along with the chances of each provision making it into the final legislation.
The effort that seems most secure? Derivatives reform. The effort that seems least secure? A provision ensuring banks put all relevant liabilities clearly onto their balance sheets, as well as too big to fail and hard leverage cap requirements.
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6 Comments
Pingback posted April 23, 2010 @ 6:42 pm
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Pingback posted April 23, 2010 @ 9:13 pm
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Comment posted April 23, 2010 @ 11:19 pm
Break up the banks. Doesn't get simpler than that, but something is better than nothing.
Pingback posted April 28, 2010 @ 3:27 pm
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