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Sunday, August 26, 2012

Brady: We need much simpler rules to rein in the banks

Financial Times

FT Exclusive Comment
Sunday August 26 2012

Brady: We need much simpler rules to rein in the banks
Regulators need a clear “bright line” they can apply to bank activities. The new simplicity should establish a clear ability to determine when to say yes, and when to say no; and the meaning of “no” should be unambiguous, says former US Treasury secretary Nicholas Brady
http://link.ft.com/r/IOCBMM/8ZOW87/PRJPK7/NJVO8J/HYW49O/FW/h?a1=2012&a2=8&a3=26

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