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- Title
FINANCIAL REGULATION REFORM: MAINTAINING THE STATUS QUO.
- Authors
Fanto, James A.
- Abstract
The article outlines the story of the finance success over the last 30 years, which has been accepted by senior policy-makers and regulators, and the creation and dominance of the big financial conglomerates. It contrasts the story with an account of the harms caused by finance and the conglomerates. It explains why the U.S. President Barack Obama Administration's preference for incremental reform of the conglomerates will not succeed, because the firms will control and undermine the reforms.
- Subjects
UNITED States; CONGLOMERATE corporations; DIVERSIFIED companies; REFORMS; OBAMA, Barack, 1961-
- Publication
Brooklyn Journal of International Law, 2010, Vol 35, Issue 3, p635
- ISSN
0740-4824
- Publication type
Article