Financial Regulation Bill →

So - I’m about 2/3 of the way through ‘Big Short’ and am finding it highly enjoyable. Lewis is fantastic.

This bill has some definite positives, but I find myself wondering how much it does to help avoid systemic risk?  (Wasn’t that the purpose?) And in reading the book I kept thinking - something really needs to change with rspect to the Rating Agencies (S&P, Moodys, etc.) - but this bill doesn’t seem to address the poor incentive structure that continues to exist there. In the words of Tenacious D, “The Government Totally Sucks”.