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![]() Entries tagged "Chris Dodd"The chairman has spokenChris Dodd has put forward a tough financial services reform bill. Now he can get started on one that might pass. Making sausageFinancial overhaul legislation will almost certainly be less ambitious than its drafters at the Treasury Department had intended, with a cobbled-together look and a lack of ideological cleanliness. In other words, it will have a fighting chance of passage. Alpha male eats crowGeithner yells at bank regulators, but they keep opposing the administration's overhaul plans anyway. The scrap heap of history?Amid widening dismay over the bailouts, there is a continuing chorus of economists calling for full nationalization of failing financial institutions. Look out!Here comes a new year. So much for all thatRemember the emergency, three-page bailout plan to buy toxic securities? Well, never mind. The ownership societyNow that taxpayers have taken stakes in at least some of the nation's banks, the leash should begin to tighten. Right? | ||||||||||||||||
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