Comments on: PunditMom One Year Ago — Would the Economy be Different if They Had Listened to “The Girl?” http://www.punditmom.com/2009/10/punditmom-one-year-ago-would-the-economy-be-different-if-they-had-listened-to-the-girl Having an opinion never goes out of style. Tue, 07 Feb 2012 03:22:18 +0000 hourly 1 http://wordpress.org/?v=3.3 By: Katherine http://www.punditmom.com/2009/10/punditmom-one-year-ago-would-the-economy-be-different-if-they-had-listened-to-the-girl/comment-page-1#comment-8830 Katherine Mon, 19 Oct 2009 18:28:30 +0000 http://www.punditmom.com/?p=3126#comment-8830 I covered Brooksley Born's ill-fated "concept release" for Bloomberg News and it was pretty stunning to see the forces arrayed against her attempt -- not to regulate -- but simply to ask whether there should be ANY regulation of derivatives. It's little wonder that she lost this battle. Remember, at that time Alan Greenspan was still considered the miracle worker when it came to the economy, so if he said it was okay, everyone breathed a sigh of relief. But I'll take your argument one step further. Maybe the *reason* she was the head of the smallest, least powerful regulatory agency in the first place is because she was the girl. She just didn't get the memo that she was supposed to smile and say thanks for the presidential apopintment, and not make waves. Another one of those inconvenient women with opinions. I covered Brooksley Born’s ill-fated “concept release” for Bloomberg News and it was pretty stunning to see the forces arrayed against her attempt — not to regulate — but simply to ask whether there should be ANY regulation of derivatives. It’s little wonder that she lost this battle. Remember, at that time Alan Greenspan was still considered the miracle worker when it came to the economy, so if he said it was okay, everyone breathed a sigh of relief.

But I’ll take your argument one step further. Maybe the *reason* she was the head of the smallest, least powerful regulatory agency in the first place is because she was the girl. She just didn’t get the memo that she was supposed to smile and say thanks for the presidential apopintment, and not make waves. Another one of those inconvenient women with opinions.

]]> By: Tweets that mention PunditMom One Year Ago — Would the Economy be Different if They Had Listened to “The Girl?” | PunditMom -- Topsy.com http://www.punditmom.com/2009/10/punditmom-one-year-ago-would-the-economy-be-different-if-they-had-listened-to-the-girl/comment-page-1#comment-8828 Tweets that mention PunditMom One Year Ago — Would the Economy be Different if They Had Listened to “The Girl?” | PunditMom -- Topsy.com Mon, 19 Oct 2009 18:20:01 +0000 http://www.punditmom.com/?p=3126#comment-8828 [...] This post was mentioned on Twitter by PunditMom, ietradeforyou. ietradeforyou said: Explains the economic meltdown: http://tinyurl.com/ylygtso [...] [...] This post was mentioned on Twitter by PunditMom, ietradeforyou. ietradeforyou said: Explains the economic meltdown: http://tinyurl.com/ylygtso [...]

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