Regulators Should Not Be Puppets

I am no apologist for the Federal Home Loan Bank Board or the Federal Savings and Loan Insurance Corp. If their sort of ineffective performance were the only alternative, I would vigorously applaud the enactment of mechanical intervention guidelines for banking regulators.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.