Philadelphia Fed Business Review, 2nd Quarter 2002

REPORT - The Federal Reserve Bank of Philadelphia has published its regular Business Review for the Second Quarter 2002.

Does Bank Regulation Help Bank Customers?

"Does Bank Regulation Help Bank Customers?" The answer, says Federal Reserve Bank of Philadelphia President Anthony Santomero, is yes, no, and maybe. Yes, the government must absorb some of the risks inherent in the banking system in order to maintain the system's stability. No, regulations that ignore the self-interested reactions of

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