To the Point
Finance Reform under the Microscope
President Obama calls the finance reform compromise the biggest thing of its kind since the Great Depression, and he wants it on his desk by the Fourth of July. But the sudden death of Robert Byrd means one less Democratic vote in the Senate, and familiar questions are being raised all over again. Could banks still be "too big to fail?"
By Warren Olney • • 1 min readPresident Obama calls the finance reform compromise the biggest thing of its kind since the Great Depression, and he wants it on his desk by the Fourth of July. But the sudden death of Robert Byrd means one less Democratic vote in the Senate, and familiar questions are being raised all over again. Could banks still be "too big to fail?" Would consumers get better protection? Why would the mortgage giants Fanni Mae and Freddie Mac be left as they are? Will liberal Democrats or moderate Republicans get cold feet?
Warren Olney
former KCRW broadcaster
Katie Cooper
Producer, 'One year Later'
Julia Flucht
Producer, 'To the Point'
Karen Radziner
Managing Producer, To the Point & Which Way LA?
James Barth
former Chief Economist, Office of Thrift Supervision
Stephen Gandel
Senior Writer, Time Magazine
Noam Scheiber
New York Times