Wall Street Reform Made Simple
09:50 AM EST
Given the elaborate financial instruments, products, and schemes that helped lead to the financial crisis of the past two years, one might be forgiven for thinking Wall Street Reform is too complex for any normal person to get his or her head around. But while there are plenty of complex details, there are also some core problems, and some fundamental solutions.
A new infographic from the Washington Post lays out those core problems, along with what Wall Street Reform would do to solve them, in a clear, concise way. It identifies and explains the issues surrounding consumer protections, “Too Big to Fail,” derivatives, risk to the global financial system, and “regulator shopping” – give it a look, and you’ll understand why the President has been so focused on making sure every one of these issues is addressed.