Congressmen on both sides of the aisle discuss financial regulation with CNBC.


Category: Bailouts, Regulation, Video

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

One Response to “The Financial Regulation Revolution”

  1. dblwyo says:

    Barry thanks for posting that. In a very brief spurt it captures the level of interest and sustained pressure. IN particular didn’t realize that Paulson’s blueprint was what Franks was starting with. Fascinating. Aside from the President’s speech to Wall St. (which is easy to find on CSpan) if you want some more video with assessments and details I’ve posted my little collection, sampled at various points in the discussion, below. If you want to know the basic outline of what the Administration is supporting listen to Summer’s speech in particular. Excellent, clear and right on imho. The Finance Industry is going to be changed right under our feet only nobody gets it!

    Wall Street Reform and You
    http://www.pbs.org/now/shows/530/
    This week, David Brancaccio sits with Zanny Minton Beddoes, economics editor for The Economist magazine, to review the proposal and its ramifications for America. Beddoes encourages streamlining the regulatory system, leaving fewer but more efficient overseers. But where powerful interests are at stake, nothing is a sure bet.
    Previewing the Superpower Summit
    http://www.pbs.org/now/shows/511/index.html
    The world’s economic superpowers are preparing to meet–will they devise a fix for the financial mess? On March 13, financial ministers and central bankers of the world’s economic superpowers will meet in London to lay the groundwork for next month’s crucial meeting of their country’s leaders, known as the G20. Will their work revolutionize the global economy and lift us out of this economic hole, or will politics get in the way?
    David Brancaccio interviews Kenneth Rogoff, Harvard economics professor and former chief economist of the International Monetary Fund, about how high we should raise our hopes and what’s at stake for America and the world.

    Pecora Part II?
    http://www.pbs.org/moyers/journal/04242009/profile2.html
    Pecora — it’s a name that’s all over the media these days; THE NEW YORK TIMES: “Where Is Our Ferdinand Pecora?” Condé Nast PORTFOLIO: “Congress Should Keep its Cotton-Pickin’ Hands Off the ‘Pecora’ Commission,” Wealthdaily.com: “The Ghost of Ferdinand Pecora.” Calls for modern-day Pecora hearings have increased since Speaker of the House Nancy Pelosi called for congressional investigation into the financial meltdown. But many average citizens might not know the name and accomplishments of Ferdinand Pecora.

    Georgetown University Conference on Future of Global Finances
    http://www.c-span.org/Watch/Media/2009/09/18/HP/A/23338/Georgetown+University+Conference+on+Future+of+Global+Finances.aspx
    The White House’s top economic adviser Lawrence Summers delivered a keynote address about the future of global finance. A number of Obama administration decision makers attended this Georgetown Univ. conference. Earlier, FDIC Chair Sheila Bair and SEC Chair Mary Schapiro spoke.

    World Bank Group Pres. Zoellick on the Impact of the Economic Crisis
    http://www.c-span.org/Watch/Media/2009/09/28/HP/A/23627/World+Bank+Group+Pres+Zoellick+on+the+Impact+of+the+Economic+Crisis.aspx
    World Bank Pres. Robert Zoellick spoke at Howard Univ. and gave a region-by-region analysis of what the financial crisis has meant around the globe and offered some ideas for preventing future crises. He discussed both U.S. regulatory reform and his thoughts on int’l economic cooperation.