Paul Krugman: The Good and the Bad of the New Financial Regulations

[grillo7]

http://www.nytimes.com/2009/06/19/opinion/19krugman.html?_r=1&adxnnl=1&adxnnlx=1245477753-mUJfq7LWZCBO1Mg4I1qdDg

In short, Mr. Obama has a clear vision of what went wrong, but aside from regulating shadow banking — no small thing, to be sure — his plan basically punts on the question of how to keep it from happening all over again, pushing the hard decisions off to future regulators.