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Politics : View from the Center and Left

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To: quehubo who wrote (105304)	3/2/2009 8:47:23 AM
From: Dale Baker	Read Replies (3) of 540831

When I look at the deregulation for Glass-Steagall, the swaps markets, agency ratings on securitizations and the leverage limits that were allowed, I have no doubt we need specific tough legislation on all those points. You can't prosecute current or former legislators for making bad choices if they operated within legal frameworks. But we can make better choices going forward, putting results ahead of ideology.

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