Connecticut’s Christopher Dodd, chairman of the Senate Banking Committee, on Monday announced his new financial-reform plan. The legislation attempts to cover everything from “too big to fail” and executive compensation to consumer protection and ostensibly irresponsible speculation, CNBC.com reported.
As comprehensive as Dodd’s plan may seem to be, Cramer during Stop Trading! still called it “a blown opportunity.” Watch the video to find out why. And get his latest call on the government's “very smart” handling of AIG .