The Senate has passed its financial reform legislation. I'll let others address the financial services aspect of the bill. Instead, I'll simply note that the pernicious corporate governance provisions in the bill remain intact. (I discuss the multitude of problems with these proposals at length in a series of posts grouped in the Wall Street Reform archive.)
According to a comparison chart in today's WSJ, the equivalent House bill lacks the corporate governance provisions. Unfortunately, I suspect that these are just the sort of provisions that will emerge intact from a conference committee.
