Dr. Peter Morici: Reforming Bank Regulation; A systemic regulator and resolution authority won’t avert or resolve future crises
Jun 24th, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
President Obama has proposed sweeping changes in financial market regulations. Among these, a proposed systemic regulator and a federal resolution authority for large troubled institutions are not likely to help avert or resolve future crises.