Josh Rosner is one of the more knowledgeable people about the US banking system and this interview cuts straight to the point: the Obama admin is doing nothing so far to reign in the Fed or the banking rules that caused the disaster of 2005-2009 and beyond. So far Obama's leadership is a huge disappointment in this crucial area. So much for the audacity of hope; very frustrating to watch as so many regular citizens are still unaware of the breach of trust and abuse of power here.
Joshua Rosner, managing director at Graham Fisher & Co., talks with Bloomberg's Matt Miller and Carol Massar about proposed U.S. financial stability legislation.
Watch the clip on Youtube here.
Hat tip: The Big Picture blog
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