The Dumbest Financial Laws Of All Time

June 24, 2010  |  

(Forbes) — How worried should the world be about the new regulatory reform bill wending its way through the U.S. Congress? Given the country’s track record on looking after the financial services industry, the answer is: plenty worried. Even the staunchest believers in free enterprise would agree that a modicum of regulation is necessary for a functioning economy. The new bill, which Congress aims to get on President Obama’s desk before the July recess, looks to be chock full of ways to ward off yet another financial crisis.

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