Thomas Ross in the Times on How Banking Regulators Made Matters Worse

Professor Thomas Ross and three co-authors published a lengthy op-ed piece in the Sunday, April 4, 2010 New York Times. The piece is titled “How Washington Abetted the Bank Job,” and it includes the following: “Since the financial crisis struck in 2008, many have bemoaned the supposed inability of bank regulators to coordinate their efforts. That assumes a joint effort would somehow have helped. In fact, our regulators could coordinate, and did, and thereby contributed to the crisis.”

Among the co-authors are Professor Susan Koniak of Boston University and Professor George Cohen of the University of Virginia, both of whom are former faculty members at the University of Pittsburgh.

Link to the New York Times article >

Referred Person: