By Simon Johnson
In an interview Thursday on PBS NewsHour, Jeffrey Brown and Treasury Secretary Tim Geithner had the following exchange:
“JEFFREY BROWN: Do you think Jamie Dimon should be off the board [of the New York Federal Reserve Board]?
By Mike Konczal
Hello, all. My name is Mike Konczal, and I'm a blogger on financial reform these days at Rortybomb and the Roosevelt Institute's New Deal 2.0 blog. I'll do my best to keep the financial reform material accessible for a general audience while interesting for those with a deeper background. I'll also lay out arguments for what progressives, conservatives and those in favor of stronger financial reform should fight for in terms of what is currently on the table next week.
The IMF 2009 country report on Canada discusses there current economic condition. As part of that they explore the success Canada had in regulating their banking sector (which stands in stark contract to the catastrophic regulatory failures in the USA and Europe). And also provide ample evidence of that wise regulation did indeed prevent the financial crisis.