On Regulating Wall Street, Brown And Warren Hold Starkly Different Positions
There may be no other issue in the U.S. Senate race in Massachusetts where the candidate's positions are more distinct.
You really have two candidates, one whos backed by Wall Street, and one who Wall Street has disdain for, said Mark Williams, a finance professor at Boston University. Maybe the best place to see this contrast is in a single piece of legislation on which both Sen. Scott Brown his Democratic challenger, Elizabeth Warren, left some pretty big fingerprints.
Join the discussion below, or Read more at www.wbur.org.
#1 Sep 27, 2012
Do we regulate it with more regulations or do we try hard to enforce the existing laws and rules ?
We already fail at enforcing what we have so why do we need more rules and regs ?
“It's a Brand New Day”
Since: Feb 06
#2 Sep 27, 2012
If you were awake in the 'oughts, you would know we need new regulations to meet new technology, instruments, and challanges.
We also need more strict enfoercement.
#3 Sep 27, 2012
Let's learn to enforce what we have before we take another bite.
Corzinne and Madoff.
False security by non-enforced existing rules is extremely dangerous to the small player like me.
Sarbanes-Oxley a result of ENRON , backed by 43 and the Dems , didn't fix Diddly- Shytt as Madoff and Corzinne proved.
Hire hot-shot youngsters from Harv'aaad , MIT or Cal Tech to do independent fraud research not on the SEC payroll but on the FBIs.
I'm all for enforcing rules and not just making noise about it.
Since: May 11
#4 Oct 2, 2012
You have a point, but when the fox is guarding the henhouse rules and regulations aren't exactly front and center.
#5 Oct 2, 2012
I see terrorist Obama hard at work destroying America with more regulations !
And I also see this terrorist F_CKING OUR MILITARY OUT OF THEIR VOTE again !! Because Obama know's he has lost .
Obama needs to be hung for crimes against America .
It's called TREASON ! And I wanna see his neck stretched .
While we're at it, let's put fake marine pat up there hanging with his messiah . I want to see these terrorist's dead ......
#6 Oct 2, 2012
If our laws for economic crimes had teeth including the death penalty maybe these wall street sociopaths would behave!
#7 Oct 2, 2012
I tend to agree with you except for death but most crime is convicted in Civil Court so the insurance companies pay up and not the financial firms and individuals because lawyers like it that way.
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