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Bust Up the Banks

With financial reform Obama’s next big push, Jeffrey Garten reviews Simon Johnson’s buzzy new book that calls for massive intrusion by the federal government.

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Mike Segar / Reuters
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A week or so from now, after the congressional recess, efforts to enact financial reform will go into high gear. The House of Representatives has passed a bill, the Senate is about to debate one, and President Obama is determined to sign a new law by early summer.

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