Risk was never overcome by regulation. The media can more fully explain this, if they tried to find facts out for themselves and report them.
Example: Fannie Mae and Freddie Mac were risky semi-government agencies who were instrumental players in our sub-prime crisis. There was no lack of regulation. But that financial meltdown has resulted in even more regulation with the likes of Dodd-Frank around since 2010. (See the Earl J Weinreb NewsHole® comments and @BusinessNewshole tweets.)
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