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You, Me, and Every Financial Regulator We Know

Felix Salmon is right: This sort of financial regulatory arbitrage is some impressively repulsive stuff. And the White House's proposed reforms won't fix it.

By Ezra Klein  |  June 22, 2009; 3:30 PM ET
Categories:  Financial Regulation , Solutions  
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Comments

Actually i thought the proposed reforms WOULD address this. Didn't i read someplace that financial institutions wouldn't be able to select their regulators anymore? Though i assume the regulators' fees would still come from the institutions they regulate, so there'd still be some conflict of interest - but if the institutions can't go elsewhere, it seems like there'd be no more race to the bottom.

Posted by: tomwoods | June 22, 2009 3:59 PM | Report abuse

Oh, I really don't want to be crude, but if you're going to use that as a post title, its only fitting and proper that I do this:

"Like, I'll regulate it into her butt hole...

and then she'll regulate it back...

into my butt hole.

And then we'll just
keep doing it back and forth...

with the same regulations."

Posted by: nylund | June 22, 2009 6:48 PM | Report abuse

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