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Bob's Blog

Bank Regulatory Issues

Brilliant But Flawed

RDK: Posted on Sunday, December 04, 2011 3:06 PM
Peter Wallison, a respected fellow at the American Enterprise Institute, published an insightful op ed piece in the December 3-4 weekend WSJ that appears to be getting wide circulation across the web.  The article makes several important points about regulatory shortcomings leading up to the financial crisis of 2007...but I differ materially with one of his prime contentions.  Read his article first...then consider my response below (I also posted this response with the article on WSJ.
Categories: Bank Regulatory Issues
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