In the upside-down world of the media propagandists it appears that “raising the bar” means lowering your standards – at least as far as U.S. bank regulation is concerned.The case in point is a piece of Reuters propaganda from Monday, titled “U.S. watchdogs want bar raised in failed bank reviews”. When I saw that headline, I was momentarily encouraged by what appeared to be an announcement from a U.S. regulator that it intended to do a better job.
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U.S. bank “watchdogs” want to be LESS vigilant
Posted, by Bullion Bulls on May 6th, 2009
Authored by, Bullion Bulls







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