05/12/2010 05:12 am ET Updated May 25, 2011

Alan Blinder, Former Fed Vice Chairman: It's 'Amazing' That Financial Reform Hasn't Happened Yet

"An astounding fact to me is that we are sitting here in March 2010 and we've done nothing in the way of financial reform up to now, nothing," Alan Blinder, an economics professor [ and former Federal Reserve Vice Chairman] at Princeton University, said in a speech [today]. "That's an amazing event in itself. We hope it's not going to end in nothing, but so far it's nothing."

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