Comments on: Bernanke urges Congress to overhaul financial regulatory system http://www.thegarlandgroup.net/2009/10/23/bernanke-urges-congress-to-overhaul-financial-regulatory-system/ Sun, 07 Mar 2010 04:40:33 +0000 http://wordpress.org/?v=abc hourly 1 By: bradgarland http://www.thegarlandgroup.net/2009/10/23/bernanke-urges-congress-to-overhaul-financial-regulatory-system/comment-page-1/#comment-381 bradgarland Fri, 23 Oct 2009 23:15:39 +0000 http://www.thegarlandgroup.net/2009/10/23/bernanke-urges-congress-to-overhaul-financial-regulatory-system/#comment-381 This quote stood out for me:<br><br>"Moreover, Congress needs to have better systems for regulators to monitor risks lurking in the financial system."<br><br>I am obviously for this idea, RiskKey, but question if the government is ready for what it would be become. This would mean that examiners would be more of system analysts rather than onsite consultants. A data-driven approach seems perfectly reasonable to me. This quote stood out for me:

“Moreover, Congress needs to have better systems for regulators to monitor risks lurking in the financial system.”

I am obviously for this idea, RiskKey, but question if the government is ready for what it would be become. This would mean that examiners would be more of system analysts rather than onsite consultants. A data-driven approach seems perfectly reasonable to me.

]]> By: bradgarland http://www.thegarlandgroup.net/2009/10/23/bernanke-urges-congress-to-overhaul-financial-regulatory-system/comment-page-1/#comment-261 bradgarland Fri, 23 Oct 2009 16:15:39 +0000 http://www.thegarlandgroup.net/2009/10/23/bernanke-urges-congress-to-overhaul-financial-regulatory-system/#comment-261 This quote stood out for me:<br><br>"Moreover, Congress needs to have better systems for regulators to monitor risks lurking in the financial system."<br><br>I am obviously for this idea, RiskKey, but question if the government is ready for what it would be become. This would mean that examiners would be more of system analysts rather than onsite consultants. A data-driven approach seems perfectly reasonable to me. This quote stood out for me:

“Moreover, Congress needs to have better systems for regulators to monitor risks lurking in the financial system.”

I am obviously for this idea, RiskKey, but question if the government is ready for what it would be become. This would mean that examiners would be more of system analysts rather than onsite consultants. A data-driven approach seems perfectly reasonable to me.

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