All Commentary
Tuesday, August 3, 2010

Geithner Tries Selling Financial Regulation to Bankers


“Timothy F. Geithner, traveling salesman, swept through Manhattan on Monday making a pitch to skeptical bankers, business leaders and even the mayor. His central message: Far-reaching financial regulations signed into law by President Obama last month aren’t something to fear. Rather, they are the foundation of a stronger economy for the months and years ahead.” (Washington Post, Tuesday)

Regulatory uncertainty is good for you.

FEE Timely Classic
“What Ended the Great Depression?” by Burton W. Folsom Jr.