Obama's regulatory plan doesn't go far enough, says UCSC economist

Tempting as it is to demonize greedy Wall Street bankers for the nation's economic ills, the real cause is far more insidious than a handful of selfish individuals--and may prove resistant to the Obama administration's latest proposed reforms, says economist Daniel Friedman, author of the new book Morals and Markets.

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<p><a href="http://www.physorg.com/news157311184.html">Obama's regulatory plan doesn't go far enough, says UCSC economist</a></p> <p>Tempting as it is to demonize greedy Wall Street bankers for the nation's economic ills, the real cause is far more insidious than a handful of selfish individuals--and may prove resistant to the Obama administration's latest proposed reforms, says economist Daniel Friedman, author of the new book <i>Morals and Markets</i>.</p>