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Commentary: Systemic risk, resolution authority are most pressing

02/17/2010 Wall Street Journal
Alan S. Blinder, a professor at Princeton University, vice chairman of the Promontory Interfinancial Network and a former vice chairman of the Federal Reserve, writes that he was concerned a month ago that the overhaul of financial regulation was getting bogged down. It has gotten worse since, he writes. The two most pressing issues are systemic risk and the creation of a resolution authority to prevent another collapse of a financial institution, Blinder argues.Read the Wall Street Journal article