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Passed Hastily, Dodd-Frank Is a Counterproductive Mess

We should repeal Dodd-Frank and start over

Reader Comments

Back to argument

The crash was caused by derivative product fed with massive leverage, and not understood (big conversation)

created stupidly by the large Banks.

Look at the portfolios today and tell me or any sane human being that the current derivative portfolios are substantially different! Tell me the 40-1 leverage using consumer deposits has changed! Let's have a real debate. I'm ready!

Kenezen of FL 12:01PM August 29, 2012

It is useless to read past this howler, "Neither provision had anything to do with the financial crisis."

Aside from being wrong, it shows hilarious hubris. Not ANYTHING. Really? I guess you have it all mapped out. Inputs. Outputs. Clean equations in between.

Right.

George Paoletti of MA 10:46AM December 01, 2011

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