Regulator Benjamin Lawsky Is the Man Banks Fear Most
Regulator Benjamin Lawsky Is the Man Banks Fear Most:
Using the law as a cudgel to insure banking executives get fired for their crimes and banks feel the pain when they break the law? Having meetings in which bank CEOs “begged for mercy”? Closing the loopholes the Feds don’t have the will or leverage to close? Leaving banks ‘with no comment’?
Leaving federal agencies who have failed to regulate Too Big To Fail banks upset? Seeking larger fines so aggressively that it makes it ‘harder to settle’? Forcing Treasury to move faster? Slapping down a big four consulting firm? Taking on the insurance companies?
Sign me up for this guy’s fan club.
