Simon Johnson: With Banking Reform, Question Everything

09/21/2010 05:12 am ET | Updated May 25, 2011
  • SIMON JOHNSON nytimes.com

President Obama's signing of the financial reform bill on Wednesday does not end our intense debates over banking. Rather, it just moves them to a new sphere. Instead of arguments about legislation in Congress, the next arena is the action (and perhaps inaction) of regulators.

Those pushing for more effective regulation of the financial system are looking for progress in three areas.

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