Interesting Perspective on the Financial System

The issues surrounding mortgage foreclosures and the credit markets have generated a renewed interest in additional oversight of the financial industry.  Whether or not you agree that additional oversight is warranted, the attached article might be of interest.  Written by Peter Goodman and appearing in last weekend's New York Times, it reflects on how Milton Friedman would have potentially reviewed the situation.  The article is available by clicking on this link.

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