Geithner and his Financial Stability Oversight team's report on banking regulation is...

|By:, SA News Editor

Geithner and his Financial Stability Oversight team's report on banking regulation is embarrassingly weak, Simon Johnson says. Its vague conclusion that “there are both costs and benefits to limiting bank size” and thus will not make recommendations on size makes clear that Geithner isn't serious about reducing systemic risk and is intent on "allowing the big banks to prevail."