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Posted: 04 Dec 2012 06:47 AM PST
From the New York Times With regard to financial reform, the outcome of
the November election seems straightforward. At the presidential level,
the too-big-to-fail banks bet heavily on Mitt Romney and lost;
President Obama received relatively few contributions from the financial
sector, in contrast to 2008. In Senate races, Elizabeth Warren of
Massachusetts and Sherrod Brown of Ohio demonstrated that it was
possible to win not just without Wall Street money but against Wall
Street money. Read the full post at the New York Times Economix Blog
Simon Johnson is the Ronald A. Kurtz Professor of Entrepreneurship at
the M.I.T. Sloan School of Management and co-author of “White House
Burning: The Founding Fathers, Our National Debt, and Why It Matters to
You.”The post Dropping the Ball on Financial Regulation — Simon Johnson appeared first on MIT Sloan Experts.
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