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"A Roosevelt Moment for America’s Megabanks?" PDF Print E-mail
Written by Mark Thoma   
Wednesday, 14 July 2010

Simon Johnson is happier than I expected he'd be with the Dodd-Frank financial reform bill:

A Roosevelt Moment for America’s Megabanks?, by Simon Johnson, Commentary, Project Syndicate: Just over a hundred years ago, the United States led the world in terms of rethinking how big business worked – and when the power of such firms should be constrained. In retrospect, the breakthrough legislation ... was the Sherman Antitrust Act of 1890.

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Fed Watch: A Deepening Divide? PDF Print E-mail
Written by Mark Thoma   
Monday, 12 July 2010

A Deepening Divide?, by Tim Duy: Last week the Washington Post raised expectations that the Fed was seriously considering additional policy action:

Federal Reserve officials, increasingly concerned over signs the economic recovery is faltering, are considering new steps to bolster growth.

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