Stories by Wall Street Insider

Wall Street Insider is a former government official who works in the financial services industry.

Who’s Afraid of Elizabeth Warren?

August 11th, 2011 at 7:36 am 76 Comments

On July 21st, we marked the one year anniversary of the passage of the Dodd–Frank Wall Street Reform and Consumer Protection Act, the Democratic Congress’ legislative response to the catastrophic financial collapse of 2008.

Dodd-Frank failed to end the Too-Big-To-Fail doctrine.  Quite the opposite. By creating  a new category of “systemically important institutions” Congress has put a gold star on institutions which will always be bailed out.