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 The Daily Reckoning. Previously, he was founding publisher of UrbanTurf and RFID Update, which he operated from Brazil, Chile, and Puerto Rico, and associate publisher of FierceFinance. He specialized in direct marketing at MBI, facilitated MIT Sloan School of Management programs, and has been featured on CBS. Vega graduated with honors from Harvard University, where he was on the board of Let’s Go Publications and directed business programs involving McKinsey, Goldman Sachs, and Harvard Business School faculty. He is also enrolled at the Stockholm School of Economics.
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