Support our non-partisan non-profit newsroom 💜 Donate now

Balancing collaboration and skepticism in regulation

David Brancaccio Mar 26, 2015
HTML EMBED:
COPY

Balancing collaboration and skepticism in regulation

David Brancaccio Mar 26, 2015
HTML EMBED:
COPY

In college, they teach a phenomenon called “regulatory capture,” where government regulators absorb the values and become buddy-buddy with the industries they regulate. It gets some of the blame for the great financial collapse more than five years ago.

But a prominent Wall Street lawyer H. Rodgin Cohen told a banking law conference in Phoenix the other other day that he doesn’t see capture—He sees the opposite, which he thinks is a problem.

Click the media player above to hear H. Rodgin Cohen in conversation with Marketplace Morning Report host David Brancaccio.

There’s a lot happening in the world.  Through it all, Marketplace is here for you. 

You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible. 

Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.