Interesting speech by Federal Reserve chairman Ben Bernanke on Saturday before the Independent Community Bankers of America. “As the crisis has shown, one of the greatest threats to the diversity and efficiency of our financial system is the pernicious problem of financial institutions that are deemed “too big to fail.” Clearly, this and other comments regarding the Fed’s role in regulatory oversight were timed perfectly to coincide with the commencement of debate in the Senate on FRR. In case you think this is going to be easier than the health care bill, there are already roughly 400 amendments that have … …READ MORE