The Hard Work on Financial Reform

The procedural vote in the Senate last week on financial reform did more than end a Republican filibuster. It set up the real test of the Democrats’ resolve to enact the kind of change that the nation’s financial system so badly needs.

The editorials two issues are so intertwined that they are one. Derivatives are how the banks are big The proposed bill is intentionally ineffective.

The hard work has yet to be done.