Monday, March 15, 2010

Visit to Fed Shows Where Any Reform Should Start - WSJ.com

Visit to Fed Shows Where Any Reform Should Start - WSJ.com: "And yet for all their dedication, the examiners appeared to be working with a very narrow mandate.As Mr. Corkery pointed out, examiners are 'not auditors.' Instead they serve more as government-paid consultants, helping banks identify portfolio risks and correct them. Even after the greatest banking crisis in generations, Mr. Corkery

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