Turf Wars, Vikram Pandit, and the Irrational Regulatory Structure

by Benjamin Domenech on 2:02 am June 12, 2009

John Gapper says this is only the beginning of “Washington’s grand experiment”: “We are about to observe the next, and even more contentious, phase in the government’s attempt to stabilise the US financial system. It is about to launch its effort to reform the notoriously tangled and overlapping system of financial regulation.”

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