I found this white paper on the idea of the Systemic Risk Regulator and how it would work with "Too Big To Fail".
The authors basically agree that giving more power to the FED via a Systemic Risk Regulator would greatly increase marketplace behaviors that created the problem in the first place.
I posted earlier about William Grieder's thoughts on a similar subject.
tradersutra.blogspot.com/2009/07/dismantling-temple.html
I sure hope someone who is in a position of power actually takes the time to read these briefs.
"Too Big To Fail"
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