03/03/2010
https://www.congress.gov...
"Wouldn't it be good policy in a free market economy to basically let the world know and the banks know and businesses know that if they fail they are going to be closed up?"
"Chairman Bair's time in office has been marked by the financial crisis and by profound changes in banking law."
"But it sure did not make them any stronger, did it?"
"The regulators have some culpability here."