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April 3, 2008
Revamping the US Financial Institution Regulatory System
Everyone's in the midst of reviewing the Paulson Report but here's a viewpoint we don't see adequately expressed in that report: How does federal agency dependence on charter revenue and the power that flows from number and asset size of entities regulated influence the quality of regulation?
Check out Ed Mierzwinski's Blog. He's with the U.S. Public Interest Research Group. He says that his inspiration for this graphic was "March Madness" -- or maybe it was subprime madness.
Ed's representation of federal regulator as industry cheerleader:
Link to Ed's blog: http://static.uspirg.org/consumer/archives/2008/03/former_occ_bank.html
(ag) April 3, 2008, in Federal Banking Agencies
April 3, 2008 in Federal Banking Agencies | Permalink
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