(UPDATE: It's always a thrill to see the political master at his best. But, as predicted, President Clinton promoted Simpson Bowles and never suggested we might need more Wall Street regulation. Several pundits predicted that he would do a mea culpa on repealing Glass-Steagall; we didn't expect that. Elizabeth Warren's speech was terrific, too, but she was in no position to call for additional Wall Street regulation and did not do so.)
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