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Five Steps to Real Financial Reform
Published: March 3, 2010
Issues:
As news spreads across the Capital that Senator Dodd and Senator Corker have reached agreement on a compromise plan for financial regulatory reform, Reid Cramer has a piece in Mother Jones magazine outlining the five critical benchmarks for real financial reform.
Here are the headlines on the five steps he outlines:
- Fix the big picture, not just individual firms.
- Separate retail banking from the casinos.
- It's the consumer, stupid.
- Keep it simple.
- And for heaven's sake, limit executive pay.
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1899 L Street, N.W., Suite 400, Washington, DC 20036
921 11th Street, Suite 901, Sacramento, CA 95814
Additional Contact Info
New America® is a registered trademark of the New America Foundation.
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