Congressman Barney Frank gives a briefing to the New England Council
This morning I attended a Breakfast with Congressman Barney Frank sponsored by the New England Council in Massachusetts. I was excited to attend this breakfast to get a play by play as to how the financial reform was going. I have to say my initial fears of further regulation in yet another industry were put at bay, for the moment. I appreciated how Mr. Frank began his talk by giving some assurance that regulation was being initiated not with a socialist fervor but as recognizing that the financial industry is a private sector. The public sector is only being called on to create rules to deal with a present crisis.
Posted in The Law Planet Blog on June 7, 2010 2:25 PM