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SEP 30, 2005 1:00am ET

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Regulators Shouldn't Make Boards Micromanage

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Today's bank directors are being asked to do far more than they should. The long-term result will be wasted effort and difficulty in retaining top-quality directors.

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Survey

Facebook's securities filings show its Facebook Credits digital currency business is exploding. Does it pose a serious threat to banks?
Yes. Facebook Credits threatens to cut off banks from transactions and customer data.
No. A system the enables users to pay for online games and page upgrades is a harmless niche.
Maybe. It depends on whether Facebook makes an aggressive move into ecommerce.
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