Tuesday, January 8, 2013

Regulatory lifecycle chart

Courtesy of FT Alphaville, we have the following very informative chart on the regulatory lifecycle.  It captures the simple fact that bank lobbyists remind politicians and regulators of the Geithner Doctrine when regulations are being crafted.

As stated by Yves Smith on Naked Capitalism, the Geithner Doctrine is
Nothing must be done that will hurt the profits or reputation of any bank that is pretty big or well-connected.


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