Stop Fine-Tuning Bank Regulations

Politicians will never learn this lesson, but an informed public can: You can never fine-tune bank regulations. 

 
I was a senior bank analyst on Wall Street in the past, in addition to my other financial and business experience; I’ve learned what politicians and their bureaucratic minions overlook.
There is a very fine line between what major banks have to do to manage their asset investments or those given them by customers. And when the banks are always extremely alert to risks involved, they are on top of the asset-hedging requirements involved.
However, the very nature of varying assets and their maturity differences make the banks’ efforts extremely difficult despite all the computerized models used. The regulatory authorities’ ability is no better, if not inferior.

 
I have commented in these pages before with my suggestions. (See the Earl J. Weinreb NewsHole® comments.)