Seriously antiquated
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhAs8P-F8-X0oLk6pOUPnwq57Nehp6NNTRTz3TYEcEal3x_PAVCX0Xv9AfhQkj35fuH0Grv5CKuyLGIDrdlVkdp-b95k0RI1cU3wJllH9Ld3IcJR7MH7PrBuY_HJ5vQZJ4PGIPyTg/s400/head.jpg)
FED, OCC, OTS, FHFA, CFTC, SEC, FDIC, NAIC, ...
It seems that Obama and co. do not have the balls to sort out the alphabetic mess that is US supervision. Even the obvious targets - the OTS, who supervised AIG (yes, technically AIG was a Thrift), the SEC's regulatory capital regime, which did such a good job there are zero out of five large firms left on it - may be left to waddle on. Antiques may have an attractive patina, but sometimes you need something that is fit for the modern age. We won't get it, though. I am very tempted, like .the Epicuran Dealmaker, to give up on this crap
Labels: Regulation
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