06/11/2012 08:45 am ET Updated Aug 11, 2012

Simon Johnson: We Need A Watchdog For The Watchdogs

Two years after passage of the Dodd- Frank financial reform law, how are we doing putting in place crucial provisions, including a way to control systemic risk?
Not well, according to Sheila Bair, chairman of the Federal Deposit Insurance Corp. during the 2008-2009 economic disaster and author of some of the reforms in the act.

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