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Predicting the Next Banking Crisis Is a Fool’s Game. Not Learning From the Last One: Equally Foolish

Jeff For Banks

Second, this can be accomplished only if the industry does not have too much influence over its regulators and if the regulators have the ability to hire, train, and retain qualified staff. Third, the regulators need adequate financial resources. My lesson learned to the regulators, read your past lessons learned.

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Banker Quotes: As Told To Me v6

Jeff For Banks

Since I estimate my Twitter community only reads about 10% of their tweet stream, and so many of my blog readers do not follow Twitter, below are selected quotes that I tweeted since version 5. Maybe social media is happening outside of the Marketing Department. How do you calculate that cost, Mr. Regulator?

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FTC Investigates Facebook’s Privacy Practices

PYMNTS

President Donald Trump, the Federal Trade Commission (FTC) has launched an investigation into the social media platform’s privacy practices, the agency said in a statement. Frank Pallone (D-NJ), along with other lawmakers, said in a letter at the time.

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Facebook’s Mark Zuckerberg Will Testify Before Congressional Panel

PYMNTS

Frank Pallone (D-NJ) — the panel’s top Republican and Democrat, respectively — said in a statement. The social media company said it would either be sending Mike Schroepfer, chief technology officer, or Chris Cox, chief product officer, both of which Facebook said would be “well-placed” to answer questions on the matter.

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