Someone Who Has Actually Read the Financial-Regulation Bill Weighs In on It


The good news: Instead of watching Sandra Bullock movies on his thirteen-hour flight back from Asia, “Deal Professor” Steven Davidoff read the 2,300-page financial bill and broke it down into handy bullet points so that you can sound like you know what you’re talking about when you’re complaining about how ineffective and compromised and watered down it is. The bad news: To get a true sense of whether the benefits of the bill outweigh the deficits, he concludes, you have to “Read it. All of it.” [DealBook/NYT]