A bright spot in the bleak financial industry regulatory firmament

Geoffrey A. Manne September 30, 2009

Truth on the Market View Original Source

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Between the various power grabs and dubious regulatory proposals (each more dubious than the last!) from the likes of Geithner, Bernanke, Frank (.pdf), Dodd, etc., etc. you’d be excused for thinking the financial news from Washington (remember when financial news used to come from New York?) was all bad and growing only worse.

Read the full piece here.