Friday, June 11, 2010


Member of Financial Crisis Commission: Nah, No One's Read the Financial Reg Bills
Today, a conference committee begins hashing out differences between the House and Senate visions for financial regulatory reform. As Congress begins deliberations on another sweeping overhaul of a complex national system with broad, international implications, one would hope they are well informed about the bills over which they'll be haggling.

But just a week ago, a member of the Financial Crisis Inquiry Commission told billionaire investor Warren Buffett that "no one" has read the text of the financial regulatory reform bills, "including some of the co-sponsors."...