Tuesday, November 11, 2014

Too-Big-to-Fail Bank Efforts



The one member of the administration involved with financial regulation in the 2008/2009 era, who better handled financial institution problems, was  the Federal Deposit Insurance Corporation.

The FDIC, which insures bank member deposits, takes over institutions when in trouble. This often involves takeovers by other, sounder institutions.

The principle can be applied to the problems that perplex so many in Washington. Too many feel the Dodd-Frank regulation must entail new government  meddling with unexplored ideas and ventures. (See the Earl J. Weinreb NewsHole® comments and @BusinesNewshole at Twitter.)

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