Tim Geithner steps up

I hope Americans read this opinion piece by Timothy Geithner in the Washington Post:  How to prevent America’s next financial crisis. And once they read it, I hope they will call their representatives in Washington and urge them to support this reform.  I can say this even as a Canadian, because what affects Americans this way affects the rest of the world as well. We are looking for Americans to take the lead here and get a grip on the Weapons of Financial Mass Destruction, as Warren Buffett once referred to derivatives (PDF link).