Breaking News Bar
posted: 9/20/2012 5:00 AM

Regulation has kept banks in check

Success - Article sent! close

I read and hear about how the Republicans/Tea Party advocates want to do away with government regulation. Has the public forgotten that under less government regulation during the Reagan/Bush years the savings and loans went belly up and cost the taxpayers $500 billion? That without proper regulation during the Bush II years the banks had to be bailed out by the taxpayers for over a trillion dollars? Frankly, we need regulators to watch these guys like a hawk, and there is no one in the Mitt Romney camp ready to do that.

George Blinick

Order Reprint Print Article
Interested in reusing this article?
Custom reprints are a powerful and strategic way to share your article with customers, employees and prospects.
The YGS Group provides digital and printed reprint services for Daily Herald. Complete the form to the right and a reprint consultant will contact you to discuss how you can reuse this article.
Need more information about reprints? Visit our Reprints Section for more details.

Contact information ( * required )

Success - request sent close

Prospect Heights

Share this page
Comments ()
Guidelines: Keep it civil and on topic; no profanity, vulgarity, slurs or personal attacks. People who harass others or joke about tragedies will be blocked. If a comment violates these standards or our terms of service, click the X in the upper right corner of the comment box. To find our more, read our FAQ.