September 19, 2008
The New New Deal in Financial Regulation?
Posted by Gordon Smith

For those who scoffed at my suggestion last Sunday that the regulatory response to recent events on Wall Street would be analogous to the New Deal (ahem and ahem), I offer today's WSJ:

History has thrown a handful of men together this week with a task that they themselves might have brushed off as unthinkable just days ago: Give the U.S. financial system its biggest makeover since the 1930s. And do it quickly.

In fairness, even I am surprised at how quickly my prediction is being fulfilled.

Remember, though, you read it here first.

Finance | Bookmark

TrackBacks (0)

TrackBack URL for this entry:
https://www.typepad.com/services/trackback/6a00d8345157d569e2010534b25498970b

Links to weblogs that reference The New New Deal in Financial Regulation?:

Bloggers
Papers
Posts
Recent Comments
Popular Threads
Search The Glom
The Glom on Twitter
Archives by Topic
Archives by Date
January 2019
Sun Mon Tue Wed Thu Fri Sat
    1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 31    
Miscellaneous Links