Re: 2nd Term Part X - A link to a fore gone conclusion
While we wait for the dude, I did want to say the point of all this isn't "Kep is an idiot". My point is IMHO there have been quite a few changes in terms of financial regulation that you didn't seem to be aware of (the capital requirement for example). I think unofan was unaware of the frequency of stress testing as well. You two aren't dumb, you're just not in the thick of it. I'm hoping that the laws in place make you feel somewhat better about the actions taken since the crisis. Think of it this way, if Dodd-Frank is completely ineffectual, why not join with the Republicans in getting rid of it? I'm going to throw Scooby a lifeline here and mention that Warren is a proponent of the law before he agrees that we should scrap it since it hasn't changed anything.
Originally posted by Kepler
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