State Regulators Flex Their Muscles Against Big Banks
from GOVERNING: State government news on politics, management & financ
Some state officials say federal regulators have been too industry-friendly or too mired in bureaucracy to quickly react to misconduct. Federal regulators argue that coordinated action is the most efficient way to handle enforcement and that sudden moves by lone actors could compromise the larger efforts.
http://www.governing.com/news/state/Sta ... Banks.html