Dodd-Frank Does Little To Help Investors Analyze Big Bank Results: Bloomberg

09/13/2010 05:02 pm ET | Updated May 25, 2011
  • Bradley Keoun Bloomberg

The Dodd-Frank Act, designed to prevent future financial crises, does little to improve investors' ability to analyze results at the five biggest U.S. firms that trade securities, which together lost $38.6 billion as markets froze in the fourth quarter of 2008. Since taxpayers may have to bail out banks again, firms should be forced to disclose more, said Tanya Azarchs, former head of North American bank research at Standard & Poor's.

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