Would the Obama administration's plan for financial reform do what has to be done? Yes and no. Yes, the plan would plug some big holes in regulation. But as described, it wouldn't end the skewed incentives that made the current crisis inevitable. |
PAUL KRUGMAN: Out of the ShadowsQuicklink Submitted By Sheila Samples No comments
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Would the Obama administration's plan for financial reform do what has to be done? Yes and no. Yes, the plan would plug some big holes in regulation. But as described, it wouldn't end the skewed incentives that made the current crisis inevitable. |
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Sheila Samples is an Oklahoma writer and a former civilian US Army Public Information Officer. She is a Managing Editor for OpEd News, and a regular contributor for a variety of Internet sites.
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