Sunday, July 5, 2009
U.S. Regulators Could Learn from Canada's Banks
USA Today, David J. Lynch, 5 July 2009Our northern neighbor sometimes seems so similar to the United States that it's hard to tell where the USA ends and Canada begins. Here's one way: Canada is the place with healthy banks, taxpayers unscathed by megabillion-dollar bailouts and no need to overhaul financial regulation because it was done right the first time.As U.S. officials scramble to prevent
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