Just recently, Washington announced the creation of a "dream team" of financial regulators, called the Systemic Risk Council. Great idea, but here's a question: Why was the current chairwoman of the SEC, Mary Schapiro, not included?
The disputes over credit default swaps on Greece highlight the fact that most participants in the credit derivatives market are at the mercy of ISDA when it comes to interpretation of ISDA's language. The only solution to that is to exercise one's rights.
To achieve political and policy victories, an understanding of communication is necessary, as the communication failures of the Obama administration have made clear. And the environmental movement as a whole shares such failures.
You wouldn't buy a Christmas present for a loved one without knowing if it was safe. Reasonable regulation of the financial industry will provide consumers with the same confidence in financial products.