Treasury Secretary Timothy Geithner and Federal Reserve Chairman Ben Bernanke testified before Congress Tuesday on the flap over AIG bonuses and called for increased regulatory powers. Analysts assess the real-world impacts of strengthening financial regulation. Continue reading
- The “experts” all seem to be on the side of the status quo. Why can’t we hear from people inside the industry who really want to reform it?
Question/Comment: With all the discussion of the mortgage crisis, there is still hardly any mention of actually cleaning up the mortgage industry. The “experts” all seem to be on the side of the status quo, but maybe this is contributing … Continue reading