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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.

FDIC 78
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Banker Quotes: As Told To Me v6

Jeff For Banks

D-F erected barriers to entry that makes it very difficult for your branch manager to talk to you about a mortgage. Maybe social media is happening outside of the Marketing Department. How do you calculate that cost, Mr. Regulator? Bank CEO: "You gotta have a dream. You may not realize it, but you gotta have one."

NJ 97