The purpose of regulation is to restrain greed and to prevent leveraged speculation from threatening the wider society. Congress needs to restore financial regulation, not reward those who caused the crisis.
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By paul roberts (about the author)
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http://www.paulcraigroberts.org/
Paul Craig Roberts was an editor of the Wall Street Journal and an Assistant Secretary of the U.S. Treasury. His latest book, HOW THE ECONOMY WAS LOST, has just been published by CounterPunch/AK Press. He was awarded the Treasury Department's (more...)
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Mr. Roberts
by Sherry Mann on Friday, Oct 17, 2008 at 11:56:56 AM
Sherry
by paul craig roberts on Saturday, Oct 18, 2008 at 7:58:21 AM
$180 trillion...
by Ann Kramer on Saturday, Oct 18, 2008 at 9:23:36 AM