Must-Read: Successful financial regulation is a matter of well-known and well-understood basics: blocking and tackling: Thomas Hoenig: Basic Principles of Banking: Hoenig on Restoring Glass Steagall: “With each financial crisis new regulations are added to an already long list of rules… …Even so, the industry repeatedly finds itself tangled in financial crisis, struggling to avoid … Continue reading Must-Read: Thomas Hoenig: Basic Principles of Banking: Hoenig on Restoring Glass Steagall