Dodd-Frank Limerick

The wonderful Limericks Économiques (Poems On The Dismal Science Of Economics By Dr. Goose) has the following limerick on the Dodd-Frank bill, making the point far more entertainingly than I did recently in Dodd-Frank Financial Reform: “I’ll Have the Meatless Entrée, Please”:

Financial Reform Bill

Now the Senate has passed legislation

To invigorate bank regulation,

But left many a crater

To be filled in later,

As lobbyists learned with elation.  

 

Reform's really only been bracketed

So Dodd and Frank soon must be back at it,

And the agencies' staff

Write the more-detailed half,

So the lobbyists still get a crack at it.

Also, if you’re still looking to beef up your Dodd-Frank acumen before the semester begins, recall the recent Dodd-Frank Masters forum over at the Glom, with close to 50 posts from a variety of commenters.