Paulson’s Fixit Plan for the Financial Markets: Less Regulation, More Power to the Fed

It is being billed as a “massive shakeup of US financial market regulation,” but don’t be deceived. Treasury Secretary Henry Paulson’s proposals for broad market reform are neither “timely” nor “thoughtful”. (Reuters) In fact, it’s all just more of the same free market “we can police ourselves” mumbo jumbo that got us into this mess … Continue reading Paulson’s Fixit Plan for the Financial Markets: Less Regulation, More Power to the Fed