Dylan Matthews is writing Wonkbook while Ezra is in China.
The U.S. and Europe are taking different approaches to FinReg. Can this work in a global economy? Meanwhile, Obama promises stricter rules governing offshore drilling. And Steve Pearlstein thinks industry should stop fighting regulation.
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Editor’s Note: The following post comes to us from John White, partner in the Corporate Department and co-chair of the Corporate Governance and Board Advisory practice at Cravath, Swaine & Moore LLP. This post is based on a Cravath memorandum by William P.