Page 3 - Resolution System News Today

Regulators dont -- >> paul: can the bill be toughened up to do some good? >> if you got rid of the fdic guarantees and fed bailouts and if you worked on what they call a resolution system, to bring it a lit closer to bankruptcy, understanding people are concerned bankruptcy -- some people think its not appropriate. >> paul: you need short term liquidity. >> but you have to have it cod fied that theres discipline and judicial review. fdic, you dont want them having total discretion. i help you fo...

Better job? >> paul: can this bill be toughened up enough? >> if you got rid of the fdic guarantees, got rid of the fed bailouts and worked on the resolution system to bring it a little closer to bankruptcy, understanding people are concerned bankruptcy, some think it is not appropriate for big banks. >> paul: you need some sport term liquidity. >> you have to have it codified there is some discipline there.ç fdic you dont want them having total discretion ill help pension fund for union but w...