Finance reform hampered by politics, says former U.S. ambassador to the Vatican
Printer-friendly version
Send to friend
L'Osservatore Romano/CNS
VATICAN CITY — Regulation of the financial industry is hampered by the political pressure the financial institutions put on governments and politicians, said a Harvard law professor and former U.S. ambassador to the Vatican.
"The regulatory process is captured by the political interests of the people who are supposed to be regulated," said Mary Ann Glendon, president of Pontifical Academy of Social Sciences.
A subscription is required to access this content.
Current online and print subscribers, click here to login and view this article.
Please click here to subscribe to the St. Louis Review. You may subscribe to the online edition only or both the online and print editions.
If you already have a subscription and are still unable to access this information, please contact the St. Louis Review.Why does the St. Louis Review require a subscription to access content online? (Click to view).
Bookmark/Search this post with
Related Articles
- Desire for democracy prompts rebellion, reform
- Vatican officials express hope for Egypt's future with social justice and freedom
- Citing doctrinal problems, Vatican announces reforms of Leadership Conference of Women Religious
- Welfare-reform statistics look good, but experts say poverty continues
- Catholic Health Association say health care reform bill flawed but workable; Bishops reiterate objection to lack of language excluding abortion coverage
