November 02, 2011
The Most Uncertain Business Environment Ever?
Posted by Ronald Colombo

Yesterday I received the latest edition of Davis Polk's "Dodd-Frank Progress Report."

The sheer volume of additional forthcoming-but-as-of-yet-unwritten regulation is simply staggering.

Add to this the prospect of a new president and Congress (potentially) just 14 months away, elected (potentially) on a platform that includes a plank calling for the wholesale repeal of Dodd-Frank.

And add to this the incredible volume of ongoing litigation concerning the American mortgage securitization bust.

And add to this the fiasco that is Europe.

Might we arguably have the most uncertain business environment ever?

 

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