And so the regulators are empowered to make a whole bunch of other decisions, such as asset and lending strategy.
I prefer to minimize regulators' control over decisions.
Perhaps you have noticed that regulators are at bottom politicians?
I prefer to minimize regulators' control over decisions.
Perhaps you have noticed that regulators are at bottom politicians?
Did you also consider that the political incentive for a regulator are at odds with the ones running the bussiness. (mainly, not getting people killed).