Party On Garth:

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Source: Time, Monday, Sept. 23, 2013

Category: Financial Press, Regulation

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.

2 Responses to “The Myth of Financial Reform”

  1. 873450 says:

    “The biggest banks in the country are larger and more powerful than they were before the crisis, and finance is a greater percentage of our economy than ever. … is your money really any safer … have we restructured our financial industry in a way that will truly limit the chances of another crisis? … financial institutions remain free to gamble billions on risky derivatives … A crisis in Europe, for instance, could still potentially devastate a U.S. institution that made a bad bet — and in turn, send shockwaves through the $2.7 trillion held in U.S. moneymarket funds …

    Although this scenario isn’t necessarily probable, it is possible.”

    — Inevitable

  2. victor says:

    Any true Financial Reform summary must include following key names/words or it’s bound to be meaningless, more of the same: Paul Volker, John Bogle, Warren Buffett, references to Bill Seidman’s Resolution Trust and yes BR, references to your “Bailout Nation”.