Mandating transparency (and only transparancty) could be one of the few good regulation.
Though I heard that some besieged investment banks have been disclosing their obligations fast - to restore or keep confidence in their liquidity. (I'd have to re-read the Economist for details.)
Mandating transparency (and only transparancty) could be one of the few good regulation.
Though I heard that some besieged investment banks have been disclosing their obligations fast - to restore or keep confidence in their liquidity. (I'd have to re-read the Economist for details.)