Regulatory Reform: The Devil Is in the Details
Mon, Nov 30, 2009
The Baseline Scenario submits:
By James Kwak
Now that the financial regulatory reform bills are progressing in both houses of Congress, it means that to really be on top of things, you not only have to read the bills, you have to read the amendments. One example is the Miller-Moore amendment (full text here), which passed the committee 34-32, only to run into criticism from Andrew Ross Sorkin and Yves Smith, among others, as well as defenses by Felix Salmon.
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