Obama's Financial Reforms: Two Leading Finance Professors Examine The Proposals

First Posted: 03/27/10 06:12 AM ET Updated: 05/25/11 04:20 PM ET

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Financial Crisis , Fiscal Policy , NYU Stern School Of Business , Obama Bank Tax , Obama Reform , Viral Acharya , Volcker Rule , Glass-Steagall , Matthew Richardson , Business News

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Obama Financial Reforms 'A Step In The Right Direction': NYU Economists

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Obama's sweeping proposal for financial regulation took the world by surprise. Here two of the world's leading professors of finance explain why it is step in the right direction from the standpoint of addressing systemic risk. They also point out a number of drawbacks that should be fixed.

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