Crazy Dodd-Frank Regulations

                   

I take particular issue with the Dodd-Frank Act with its hundreds of provisions, which have had so many countless unforeseen negatives.

                                           

Such as forcing the banks “too big to fail” to keep adding to capital. This makes them less profitable, when they must be able to attract necessary capital, in order to finance a thriving world-wide economy.

                       

Moreover, this is foolish when capital cushions can be wiped out overnight whenever banks must mark-to-market their assets in poor markets, as in 2008. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)