GS Settlement vs FinReg: Which is More Significant?

I’ll be back in a minute, but it dawns on me that the Goldman Sachs settlement may actually be the more important development than the milquetoast Financial reforms.

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UPDATE: July 16, 2010 10:33am

Ezra Klein makes the case in the Washington Post that FinReg, while not Wall Street Reform, is good enough to stand on its own as a significant legislative improvement:

FinReg vs. Wall Street reform

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