03/18/10 Stockholm, Sweden – Senator Chris Dodd (D-CT) is finally ready with new financial regulation. However, before you get your hopes too high… according to him, it “will not stop the next crisis from coming.” Instead, his plan is more to establish a new “watchdog” and when it’s on duty, “we need to strengthen not only its bark, but also its bite.”
Basically, the plan took two years to create, and it already sounds like a new mess in the making. Who better to parse out the key facts than Jon Stewart in a clip we found on The Big Picture, below.
| The Daily Show With Jon Stewart | Mon - Thurs 11p / 10c | |||
| In Dodd We Trust | ||||
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Rocky Vega
Rocky Vega is publisher of Agora Financial International, where he advances the growth of Agora Financial publishing enterprises outside of the US. Previously, he was publisher of The Daily Reckoning, and founding publisher of both UrbanTurf and RFID Update -- which he ran from Brazil, Chile, and Puerto Rico -- as well as associate publisher of FierceFinance. Rocky has an honors MS from the Stockholm School of Economics and an honors BA from Harvard University, where he served on the board of directors for Let’s Go Publications, Harvard Student Agencies, and The Harvard Advocate.
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