Economics of Contempt on the One-Year Anniversary of Dodd-Frank
By Rortybomb: One year after the passage of Dodd-Frank, I invited some experts and those on the front lines to weigh in on what’s happened so far and what’s to come on financial regulation. Next, I talked with a New York financial lawyer who writes under the pseudonym Economics of Contempt. EoC spent over 20 years as an in-house lawyer at one of the big investment banks and has spent the majority of his professional life in and around US financial law. He has followed the Dodd-Frank rulemaking process very closely and blogs at Economics of Contempt.
Mike Konczal: It’s been one year since the Dodd-Frank Act passed. There are dozens of articles saying it’s going terribly, dozens saying we don’t know how it’s going, and even a handful saying progress is being made. How has the past year gone for financial reform and Wall Street?
Economics of Contempt: On the whole,Complete Story »