http://thebankwatch.com/2008/11/13/the-g20-ought-to-consider-only-regulation-that-assesses-the-outcome-of-good-and-bad-decisions/ Tracking the evolution of financial services Sat, 26 May 2012 18:05:32 +0000 hourly 1 http://wordpress.com/ http://thebankwatch.com/2008/11/13/the-g20-ought-to-consider-only-regulation-that-assesses-the-outcome-of-good-and-bad-decisions/#comment-26335 Fri, 14 Nov 2008 05:17:29 +0000 http://bankwatch.wordpress.com/2008/11/13/the-g20-ought-to-consider-only-regulation-that-assesses-the-outcome-of-good-and-bad-decisions/#comment-26335 I don’t normally agree with W. Bush, but in this case it sounds like he may have a point – prudence in regulation is important. The issue here is a kind of borderline fraud where these securities were incorrectly rated and insured. I think a good dose of transparency is important, but using this as an excuse to burden the market with a bunch of bureaucracy would be a big mistake.

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