If Congress can deliver on President Obama’s promise of financial reform, Warren says, it can create the conditions needed for 50 years of economic growth and shared prosperity – just as the Depression-era reformers did in the 1930s. But if lawmakers simply paper over the crisis, she warns, Wall Street’s rash bets will continue to be rewarded – and the next crisis will be far worse. “It will be TARP 2.0,” Warren says, “and our economy will never be the same.”
Read more: http://www.rollingstone.com/politics/news/the-watchdog-20100412#ixzz1eYbImEqg
- Elizabeth Warren