Let me repeat what I
have stated in the past, about the fallacy of bank regulations as we
have them.
Bank regulators are no smarter than the bankers on the job. Many are already constantly on the bank premises. In fact, regulators have failed to do their job in the past.
Furthermore, the current too-big-to-fail efforts by the Dodd-Frank Act has been a failure; banks have become larger than ever. (See the Earl J. Weinreb NewsHole® comments.)
Bank regulators are no smarter than the bankers on the job. Many are already constantly on the bank premises. In fact, regulators have failed to do their job in the past.
Furthermore, the current too-big-to-fail efforts by the Dodd-Frank Act has been a failure; banks have become larger than ever. (See the Earl J. Weinreb NewsHole® comments.)
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