Bank Regulation (Too Big to Short)
Aka, self-regulation. Hahahahaha. We're old enough to remember the concept of "living wills". And how it took years and millions in professional fees for banks to comply. AND, fyi, those wills just got kicked down the road. Self-regulation, that's a good one. As it turns out, a new report concludes that "indicators of bank soundness have not recovered t…