Brown-Vitter Bill Creates More Problems Than It Solves

American Banker
April 25, 2013

In the last twelve months, one could easily get whiplash trying to keep up with the examples of bad risk management and extreme arrogance by many managers at the large, interconnected banks. These egregious scandals have frustrated Americans learning to live in the post-crisis world of anemic U.S. economic growth and a mostly recessionary Eurozone. The fact that no high level executive from the banks has even been indicted, much less gone to jail, for Wall Street’s role in worsening the standard of living of millions of Americans, has also understandably angered people and fueled the fire behind “too big to fail”…Read More

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