Chris Dodd's proposal to reregulate Wall Street puts Obama’s efforts to shame—but it doesn't go far enough, says Jeff Madrick. Still, the fight brewing over the senator's plan will at least force Washington to face the reality of the banking mess.
Perhaps democracy works! Running for reelection to the Senate and scarred by accepting a discount mortgage from Countrywide, Christopher Dodd (D-CT) managed to hear the anger America now feels toward Wall Street.
