Posts Tagged: barney frank

For Gretchen Morgenson to come right out and say, at length and in detail, that the current approach to financial reform is mostly a reaffirmation of the status quo is a huge development. Morgenson is respected by everyone (she is also the single-most-quoted source in PANIC). It will be very hard to represent opposition to [...]

Republicans should not obstruct the Dodd/Frank bill and align themselves with the defenders of the megabanks. They should ask for one little thing in return for their support; better markets. President Obama in his speech lined up behind Dodd, Frank and the misguided belief that regulators can actually grasp what the megabanks are [...]