Oct. 23, 2014   52°F   School Closings
Listen Live WCPN / WCLV
ideastream
Mission 4
Values 1
Values 2
Values 3
Vision 3
Vision 4
Vision 5
Values 4
Values 5
Values 6
Vision 1
Vision 2

Choose a station:

90.3 WCPN
WCLV 104.9
WVIZ/PBS

Choose a station:

90.3 WCPN
WCLV 104.9
WVIZ/PBS
Pledge your support to 90.3 WCPN ideastream now!
The Sound of Ideas

How Financial Reform Affects You

Posted Tuesday, July 20, 2010

Share on Facebook Share Share on Twitter Tweet
Embed Audio Download MP3 Download MP3 Play Video Watch Video

President Obama will soon sign into law the most sweeping overhaul of the American financial system since the Great Depression. It's meant to provide more protection to mortgage holders and investors and cut the odds the nation will suffer another huge financial crisis. On Tuesday's Sound of Ideas, will the bill save Wall Street and Main Street or, as critics contend, could it jeopardize the recovery by constraining credit, burdening banks with paperwork and putting too much power into the hands of government bureaucrats? Join us with your thoughts, this morning at 9:00.

Tags

Economy, Regional Economy/Business - Analysis and Trends, Government/Politics

Guests

Kevin Jacques, Boynton D. Murch Chair in Finance and Associate Professor, Baldwin-Wallace College
Marc Stefanski, President and CEO, Third Federal Savings and Loan
Teresa Dixon Murray, business columnist, The Plain Dealer

Additional Information

Wall Street Journal analysis of Dodd-Frank

Leave a Comment

Please follow our community discussion rules when composing your comments.

Sal 9:49 AM 7/20/10

We took out a fixed rate loan with Third Federal in 1995 when we built our house and paid 20% down. The bank made sure that our total loans did not exceed 35% of our AGI. We were conservative and never refinanced although the rates came down. We prepaid on our house and paid of our loan early and saved us ourselves about 45 K in interest. I do not agree with Mr. Stefansky and the Republicans regarding bank regulations. The economic mess occurred because banks and big business were given a pass on regulations. When small customers, like myself and my wife, sign the loan documents, the legal wording is entirely one-sided. The regulations help to somewhat even the palying field but knowing American business and politics, I think the decks will still be stacked against the small guy - Republicans, Democrats and Independents.

RSS RSS Podcast Podcast

Live Video Stream

Watch the Sound of Ideas live

Watch the Sound of Ideas during the broadcast - view now! Live video stream available during normal broadcast, Mon-Fri, 9-10 AM (EST).

About

Every weekday at 9:00 AM (EST), The Sound of Ideas reports the news, explains the news, and sometimes makes news. The Cleveland Press Club awarded it “Best Radio Show” in Ohio and thousands daily find it to be an indispensable source of information about what’s most important to Northeast Ohioans.

Interact with The Sound of Ideas

During the show: 216-578-0903 or 866-578-0903
Last Word line: 216-916-6397 or email
Show ideas & comments? Contact Executive Editor, David Molpus.

Twitter: @soundofideas

Facebook

Recently Featured all entries

Air Dates

90.3 WCPN
Weekdays 9:00 AM

The Ohio Channel
Weekdays 9:00 AM

Funding for Ideas & The Sound of Ideas

Funding for Ideas/Sound of Ideas comes from The George Gund Foundation, The Cleveland Foundation, Eaton Corporation Charitable Fund, the George W. Codrington Charitable Foundation, The Robert O. and Annamae Orr Family Foundation, and the Nord Family Foundation.