http://www.creditwritedowns.com/2009/06/my-initial-reactions-to-president-obamas-financial-regulation-proposal.html Finance, Economics and Markets Fri, 10 Feb 2012 00:37:00 +0000 hourly 1 http://www.creditwritedowns.com/2009/06/my-initial-reactions-to-president-obamas-financial-regulation-proposal.html#comment-5539 Economists React: For New Financial Regulations, Devil’s in the Details - Economix Blog - NYTimes.com Wed, 17 Jun 2009 19:09:54 +0000 http://www.creditwritedowns.com/2009/06/my-initial-reactions-to-president-obamas-financial-regulation-proposal.html#comment-5539 [...] “On the whole, this is a good effort. However, this is just a blueprint to set the tone for eventual action – much as Geithner’s bailout plan for a plan was merely a blueprint. In my view, this is positive because it means we can still debate many of these issues and affect change before legislation is enacted in order to ensure a robust yet market-oriented approach which limits concentration of power in one entity or branch of government.” — Edward Harrison, Credit Writedowns [...] [...] “On the whole, this is a good effort. However, this is just a blueprint to set the tone for eventual action – much as Geithner’s bailout plan for a plan was merely a blueprint. In my view, this is positive because it means we can still debate many of these issues and affect change before legislation is enacted in order to ensure a robust yet market-oriented approach which limits concentration of power in one entity or branch of government.” — Edward Harrison, Credit Writedowns [...]

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