Outgoing FDIC official shares blunt view of ‘Too Big to Fail’ and bank regulation
As part of his farewell tour, Thomas Hoenig, the departing vice chairman of the Federal Deposit Insurance Corporation, used a recent speech to candidly address the challenge of balancing prudential standards and regulatory initiatives when attempting to end big bank bailouts.
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PremiumIn 17 years, Discover Financial never managed to clean up a billion dollar mess
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