2009 | OriginalPaper | Buchkapitel
Introduction, Scope, and Content
verfasst von : Carlos M. Peláez, Carlos A. Peláez
Erschienen in: Financial Regulation after the Global Recession
Verlag: Palgrave Macmillan UK
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One of the most cited legal scholars observes the regulatory environment of the credit/dollar crisis as:
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A natural response is to tighten up regulation. In the case of commercial banks, this would not require new legislation. The bank regulators have virtually plenary control over banks: thus the crack “what does a bank say when a regulator tells it to jump?” Answer: “How high?”