Thursday, May 10, 2012

It's safe to forget about the SAFE Act

I hope there is hope for the SAFE Act to break up the TBTF banks, or at least forbid them from having a "leverage ratio" of more than 10 to 1, but I suspect this bill will be DOA, thanks to the campaign money of Wall Street.


By Simon Johnson
May 10, 2012 | New York Times

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