No one doubts that the Great Recession has been the worst economic crisis in this country since the Great Depression. By whatever yardstick — the near collapse of the banking system, the 8.8 million jobs lost between 2008 and 2010 — no downturn in the intervening 80 years comes close. The crisis has forced a fundamental rethinking of the financial system, a conversation that is now centered on the 2010 reforms known as the Dodd-Frank Act. But the 2,319 pages of legislation do not hold all of the answers. If the regulators who are responsible for enforcing the hundreds of new rules are not ... Read More
About David Skeel
Professor of Law at the University of Pennsylvania, David Skeel is an expert on religion and the law, and bankruptcy. He is also the author of "The New Financial Deal: Understanding the Dodd-Frank Act and Its (Unintended) Consequences" (Wiley, 2011), "Icarus in the Boardroom" (Oxford, 2005) and "Debt’s Dominion: A History of Bankruptcy Law in America" (Princeton, 2001), as well as numerous articles and other publications.