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More generally this has been a big week for financial news. The Obama administration has announced broad changes to financial services industry the likes of which we have not seen since the 1930s. Though I have not yet had the opportunity to digest the 100 page report from first glance it seems ???????? No doubt changes are needed but whether the administration has had the time or the appropriate expertise to truly get this right is questionable. I will look forward to reading and sharing more. Here is the headline piece from the Wall Street Journal .
a new add - READ more here from BASELINE SCENERIO ( if you are not on their mailing list, you should be)
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