Quote:
Originally Posted by Ignitionnet
On the other hand from their point of view it isn't needed - they did a good job of spreading and compartmentalising their risk so that, without the additional regulation, they weren't in strife and remained well funded as a group..
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Yeah but other banks were not. Regulation would have to apply to them all and since we decided that we don't want (can't?) let the banks fail then we cannot simply be of the opinion that the banks that screw up will get what's coming to them.