Op-Ed Contributor - The Case Against a Super-Regulator - NYTimes.com
This case does not seem to have been convincingly made.
While not voicing an opinion for or against a single regulator - It all depends on what they would be empowered to do- it seems to me the argument presented by Ms. Bair here, namely attention neglect that would threaten smaller community banks could be effectively addressed in a multi-layered supervisory system (layers being for example state-regional-federal) as advocated in our holistic theorem implementation recommendation for a single counterparty of reference on a subsidiarity principle See:http://www.authorstream.com/Presentation/kongtcheu-184552-UnityofPurpose3-Business-Finance-ppt-powerpoint/
See also the corresponding knol.
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