Open Left

Sen. Chris Dodd, in response to my inquiry on the MLN videofeed (0.00 / 0)

which can be viewed at
http://www.myleftnutmeg.com/sh...
said he was "intrigued" with the idea proposed by Elizabeth Warren for a "Consumer Financial Products Safety Commission".

He also said he supported a Systemic Risks Regulator, but not within the Federal Reserve, as well as a "clearinghouse" to regulate "exotic instruments".

Not Ideas About The Thing, But The Thing Itself -- Wallace Stevens

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by: catchlightning @ Wed Apr 01, 2009 at 14:17:37 PM CDT

a "clearinghouse", tho, is a place where things are sold -- not regulated -- no? (4.00 / 1)

he's worthless -- they're all wholly-owned subsidiaries of these companies.

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by: amberglow @ Wed Apr 01, 2009 at 16:22:28 PM CDT

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Praise be to Saint Paul (0.00 / 0)

Your parsing of a dictionary definition has persuaded me to oppose this effort.

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by: sugarfree @ Wed Apr 01, 2009 at 18:31:12 PM CDT

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