Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Agreed. But if the regulator are to have any relevance going forward it is incumbent on them to prepare for the next big test they will face. Else, what is the point of their existence? Perceptions be damned. If they cannot prevent the dam from bursting, they at least should warn of the danger.

"It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Wed Apr 20th, 2011 at 07:16:39 PM EST
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