iBankCoin
Joined Nov 11, 2007
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TARP Watchdog: ‘We Are Letting Our Guard Down’

“U.S. regulators and the American public have become complacent toward the dangers of another financial crisis, leaving taxpayers at risk of another bailout, a top watchdog said.

“We are letting our guard down against things like moral hazard and ‘too big to fail’ banks,” Christy Romero, the special inspector general for the financial-system bailout, said in an interview. “And that causes me great concern,”

Ms. Romero’s comments come ahead of her office’s next quarterly report to Congress, …”

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