Washington Federal’s Roy Whitehead on Banking, Public Trust, and Regulations
Whitehead’s point deserves underscoring because it illustrates reason for economic optimism. Investors may well be “once bitten, twice shy,” but investor psychology can turn on a dime, much faster than can institutions with serious structural weaknesses. Not that winning back trust will be–or should be–easy. “If I could wave a magic wand,” admitted Whitehead, “I would bring back Glass-Steagall–or something like it.” Continue reading Washington Federal’s Roy Whitehead on Banking, Public Trust, and Regulations
