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Wall Street Is Using the Power of Dodd-Frank Against Itself 

May 27, 2015

Adam Davidson, NY Times

Regulating Wall Street is an Old Testament sort of affair: Like Leviticus, it is all about the persnickety details. But politicians try to talk about it in New Testament terms, with sinners and saints, salvation and damnation. Only they can’t agree on who the sinners are — the bankers or the bureaucrats — and wherein lies salvation. Such moralizing, however, does very little to shine light on the benefits and drawbacks of the byzantine 2010 banking regulations known as Dodd-­Frank.

Read more: NYTimes

 
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