US Regulators Ill-Prepared for Next Downturn – FT

that rising levels of corporate debt pose risks to the financial system because they could amplify a downturn. financial reform law to prevent a repeat. The law created a process for quick and efficient liquidation of a failing large financial institution — a significant improvement.

http://www.ft.com/cms/s/881cdd9a-7587-11e9-b0ec-7dff87b9a4a2,s01=1.html?ftcamp=traffic/partner/feed_headline/us_yahoo/auddev&yptr=yahoo

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