Christopher Bond said...

A bunch of money was dumped on them with a bunch of requirements that were impossible to meet.

I think if I had to characterize what it's like, it's like needing to design and implement at the same time.

a lot of the small businesses back home are in commodities hedging where the contracts pose no systemic risk.

I think to some degree you have articulated a very important point. When you have multiple regulators, specific ownershi...