New York Magazine

Triumph of the Oligarchs

A CONVERSATION WITH FRANKLIN FOER

FRANKLIN FOER: Dodd-Frank was clearly a sincere effort to try to reform the system, to at least stop a repeat of the last ….

BERNIE SANDERS: I wouldn’t say “reform the system.” I would say put some checks and balances into a system which had been deregulated [to the point] where Wall Street could do anything.

FF: Why isn’t that reform? Is that too strong a word for you?

BS: Reform would be to say that it is bad public policy when six

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