Obama's Bank Reforms Must Move Beyond Populism: Arthur Levitt

ft.com:

So while the most recent ideas coming from the White House are controversial, they provide an opportunity to begin a meaningful discussion on how to address the real causes of the past crisis, and prevent future ones. The key is to move beyond populist appeals and get the substance right.

Read the whole story: ft.com

Comments

[DiogenesOfAlaska]

06:39 PM on 01/26/2010

I'm inclined to argue that the SEC could have moved beyond populism all by itself during the past decades or so.

But I am also open to learning new things - always.

[MadeandBakedintheUSA]

05:17 PM on 01/26/2010

This was never going to be easy. As candidate Obama said just three days before the election:

"Don't think for a moment that power will concede without a fight."

Now, we're seeing how true that really is.

[huff po fan]

03:49 PM on 01/26/2010

We need bank reforms that protect the economy from the sharks, errr..bankers.
If pension funds are full of worthless paper and inflation rises, especially after the commercial real estate meltdown triggers more stimulus, america will look like 1970 USSR.

[munki]

12:39 PM on 01/26/2010

Please listen to Dr. E Warren, she may not be 100% right, and NO ONE is, but...

from what I read of what she said and wrote... I feel confident in this lady...