Why Can’t We Learn From History? A Joint Post by Mark Sunshine and Ira Artman
In 1998 the current banking crisis was both predictable and predicted by Congressional leaders and a future Comptroller of the Currency. In April, 1998 the House Committee on Banking & Financial Services held hearings where “lessons” from the 1980s bank and thrift crisis were discussed and fears of industry consolidation were expressed. Hearings transcripts clearly […] [read full story]
Posted in: BANKS, Credit Crisis, economy, Finance, Ira Artman, Obama, Politics, Public Policy, REGULATION
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