Dear Big Banks: Time For Higher Capital Levels, And More Accontability For Failure

Chairman Ben S. Bernanke At the Federal Reserve Bank of Boston 54th Economic Conference, Chatham, Massachusetts October 23, 2009 Financial Regulation and Supervision after the Crisis: The Role of the Federal Reserve The theme of the Federal Reserve Bank of Boston's Economic Conference this year--reevaluating regulatory, supervisory, and central banking policies in the wake of the crisis--is certainly timely. Not much more than a year ago, we and our international counterparts faced the most se