Bloomberg.com: Exclusive: "Virtues of Regulation
Bair doesn't shy away from acknowledging the problems in banking. More of them will fail, she told Bloomberg News in a Sept. 26 interview.
``The number will go up,'' she said. ``Banks overall continue to be safe and sound and very well-capitalized.''
At an event at the National Press Club a few days earlier, she said the most high-profile problems are coming from non- banks.
``There is some virtue to regulation,'' she said."
Saturday, October 4, 2008
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