Our bank regulatory system has some real flaws. It is an undemocratic system in which the Financial Accounting Standards Board (FASB) writes the accounting rules and doesn't even claim to be part of a democratic government.
Sherman criticizes the undemocratic nature of the bank regulatory system.
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The politicians promised the American people we would pull out--not because our casualties were particularly large, but because they were on top of 20 years of war.
the four agencies dealing with bank mergers... should provide updated guidelines and regulations for approving bank mergers.
In a capitalist society, the allocation of capital is critical, and it is often a fight between Wall Street and my local pizzeria.
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