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Charles Calomiris and Allan Meltzer: How Dodd-Frank Doubles Down on 'Too Big to Fail'

Two major flaws mean that the act doesn't address problems that led to the financial crisis of 2008. The Dodd-Frank Act, passed in 2010, mandated hundreds of major regulations to control bank risk-taking, with the aim of preventing a repeat of the taxpayer bailouts of "too big to fail" financial institutions. These regulations are on top of

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Posted: February 12, 2014 Wednesday 06:44 PM