Banks are not like ordinary enterprises, and their differences increase as they get larger. This makes public policy regarding banks more complicated than is the case in other areas of economic regulation.
follow:- RSS
Banks are not like ordinary enterprises, and their differences increase as they get larger. This makes public policy regarding banks more complicated than is the case in other areas of economic regulation.
Financial reform will add costs to banks, particularly very large ones. But these should be weighed against the costs of not reforming, and against the subsidies large financial institutions currently enjoy. The ultimate costs to the public of not reforming are far greater.
follow: RSS