BBCNEWS BBC News June 4, 2024 03:09:00
Stability notjust in our large banks but also in our small and medium—sized banks? we did see a lack of regulatory oversight, really a problem with the fed not doing as much oversight as they should have, as well as a problem with congress rolling back some of those regulatory requirements for small and medium banks. and what we are seeing is, without the oversight, banks are getting themselves into trouble. it's much better to have a larger bank acquire a bank that is illiquid than it is to have it fail. but you are right to point out that at the end of the day we want a thriving banking se...
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