BUSINESS
04/18/2010 05:12 am ET | Updated May 25, 2011

Henry Paulson's NYT Op-Ed: Financial Reform Needed, But Obama's Proposals Won't Work

[T]he most recent proposal by the Obama administration -- to bar big banks from trading driven by other than customer-related activity -- would not have prevented the collapse of Fannie Mae, Freddie Mac, Lehman Brothers, American International Group, Washington Mutual, Wachovia or other institutions whose failure contributed to the crisis.

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