I believe it was Harry Truman who mentioned he preferred one handed economist versus the "on the one hand and on the other hand" version which he found useless. Today's DealBook in the New York Times "Weighing the Dodd-Frank Restrictions Against the Power of Big Banks" by Steven Davidoff is an opinion piece that Harry would have despised because it had no opinion.
On the other hand St. Louis Federal Reserve President James Bullard is very clear.
Fed's Bullard-Banks should be smaller to manage failure
The most startling part of it was how big Goldman Sachs' asset base was. I can't believe they would allow so much deadwood in their portfolio. The old time partners are turning over and squirming in their graves.
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