Summary:
The book delves into the causes and consequences of the 2008 financial crisis, analyzing the effectiveness of the Dodd-Frank Act in reforming the U.S. financial system. It presents a collection of expert perspectives and debates on the necessary measures to prevent future crises, including regulatory changes and the role of government oversight.
Key points:
1. Regulatory Reform Need: The book stresses the urgency for U.S. financial market reforms after the 2007-2008 crisis, citing the old system's failure to prevent it.
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