I'll believe it when I see it, especially since Geithner and Kashkari were arguing for the exact opposite months ago.

So, to replace one hulking massive institution with zero accountability to the American people, their answer is to create 3 hulking massive instititions that won't care about accountability to the American people.

And we'll still have the Federal Reserve to print our Monopoly Money?

sign me the fuck up!

Great idea but put Spud down in the "From Missouri" camp here.

Show me.

The need for serious reform is very real and vital one and perhaps, as this article indicates, some Republicans will put their partisan obstructionism aside for this one the way they didn't on the Health Care Reform bill.

And maybe pigs'll fly yet.

Not saying it aint gonna happen.

Just saying that it needs to but also that Spud aint betting his bottom dollar on seeing any real reform any time soon.

Be Well.

So the plan is to replace one dysfunctional organization with 3.

Congress and the federal government was every bit as responsible for this crisis as the Fed was, Senate Dems in particular.