Page values for "Financial 'Reform' or Revenge?"

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_creationDateJuly 26, 2010 4:40:02 AM
_modificationDateJuly 26, 2010 4:40:02 AM
_creatorYaron Koren
_fullText{{Item |author=Robert J. Samuelson |source=Newsweek |date=July 6, 2010 |url=http://www.newsweek.com/2010/07/06/financial-reform-or-revenge.html |quote="The trouble is that—contrary to conventional wisdom—"too big to fail" was just a symptom of the crisis, not its basic cause. That ...
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_pageNameOrRedirectFinancial 'Reform' or Revenge?

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"Opinions" values

TopicRestoring American Financial Stability Act
Position_fragmentAct should be passed
PositionRestoring American Financial Stability Act / Act should be passed
Position_link

Act should be passed

Stanceagainst

"Items" values

AuthorRobert J. Samuelson
SourceNewsweek
DateJuly 6, 2010
URLhttp://www.newsweek.com/2010/07/06/financial-reform-or-revenge.html
Quote"The trouble is that—contrary to conventional wisdom—"too big to fail" was just a symptom of the crisis, not its basic cause. That was old-fashioned bad lending: home loans to borrowers who couldn't repay. The panic arose because no one knew the size or location of the losses, now estimated to exceed $1 trillion. Ironically, the legislation may weaken the government's ability to quell future panics by restricting-in highly technical ways-the Fed's authority to lend to panic-stricken institutions in the midst of crisis."
Summary

Financial 'Reform' or Revenge? by Robert J. Samuelson (Newsweek, July 6, 2010) (view)