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Academic

: Less than the Least

The Geithner Proposals--Skeel

By David Skeel and Bill Stuntz

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Treasury Secretary Geithner finally sketched out the administration's blueprint for new financial regulation yesterday.  Many of the proposals, such as a new registration requirement for hedge funds, strike me as sensible.  But I think the proposal to give federal regulators the power to take over troubled investment banks and hedge funds is a serious mistake.  A colleague and I criticise the proposal in this op-ed piece.

Full post as published by Less than the Least on March 27, 2009 (boomark / email).

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