WASHINGTON — Although the Financial Crisis Inquiry Commission is primarily concerned with past events that caused the housing collapse, members of the panel challenged two top regulators Thursday over whether the recently enacted regulatory reform law had eliminated the possibility of future government bailouts.

At a hearing on "too big to fail" institutions, commissioners questioned if the new systemic risk council would have the political will to break up risky firms, raised concerns about "living wills," and wondered whether regulators will eventually be forced to provide assistance to large troubled companies.

Register or login for access to this item and much more

All Bank Investment Consultant content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access