Dodd-Frank Was Meant to Keep the Financial System Safe. Did It?Dodd-Frank Was Meant to Keep the Financial System Safe. Did It?Dodd-Frank Was Meant to Keep the Financial System Safe. Did It?
Gemini / GoogleSix million foreclosures and 10% unemployment. Stocks down 50%, major banks in collapse, and a frozen lending landscape. The 2008 financial crisis was brutal and, most observers believe, largely preventable. In its wake, Congress set out to make sure nothing of its scale would ever happen again. Barney Frank, the former Massachusetts representative who died May 19, was one of the key leaders of…