Mon, Jul 25, 2011 -- 9:00 AM
Financial Reform, One Year LaterDownload audio (MP3)
Lax investment regulations and bad home loans are blamed for sparking the nation's deepest recession in decades. In response, lawmakers Barney Frank, Chris Dodd and others introduced the Dodd-Frank Wall Street Reform and Consumer Protection Act. The goal was to keep the "average American consumer" safe. But one year later, the act is under legislative attack -- and some are questioning whether the legislation has accomplished its goals.
Host: Michael Krasny
- Cady North, senior finance policy analyst for Bloomberg Government
- Eric Talley, professor and Gilbert Foundation chair in law, business and the economy at UC Berkeley School of Law
- Scott Talbott, senior vice president for government affairs at Financial Services Roundtable, a group representing the financial industry