Geithner’s Plan for Regulation – Too Big To Fail

Interview with Rep. Ed Royce (R) of California: We Need More “Smart” Regulation (Bloomberg News)

Too much of the wrong type of regulation may give an unfair advantage to the same financial institutions that contributed to this massive foreclosure crisis.

It would be nice if every homeowner in need of a loan modification were guaranteed their survival just as some of the banks on Wall Street have been granted “Too Big to Fail” status.

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