The Dodd-Frank Cure’s Failure

Risk was never overcome by regulation:

Fannie Mae and Freddie Mac were risky semi-government agencies who were instrumental players in our sub-prime crisis. There was no lack of regulation. But that financial meltdown has resulted in even more regulation with the Dodd-Frank legislation.

Too-big-to-fail banks have since grown bigger than ever. ( See the Earl J Weinreb NewsHole® comments.)