Neil Weinberg is American Banker�s editor in chief. Neil came to the American Banker in May 2011 after 18 years at Forbes Media, where he was a reporter, Japan bureau chief, senior editor and executive editor in charge of Money & Investing coverage for Forbes magazine and Forbes.com. Neil was awarded the Overseas Press Club's 2006 award for the best business story in a magazine and is co-author of Stolen Without A Gun: Confessions from inside history's biggest accounting fraud � the collapse of MCI Worldcom. He is based in New York.
"It would have made a lot more sense to bring back Glass-Steagall," a pre-and-post crisis risk manager tells American Banker Editor in Chief Neil Weinberg, while discussing Washingtons Dodd-Frank solution.
Recently released transcripts of Federal Reserve meetings during the last financial crisis reflect how blind policymakers remained to what was unfolding even at its peak. That suggests the Financial Stability Oversight Councils efforts to sound an early warning next time around are reminiscent of Charlie Brown hoping Lucy wont pull away the football.