Editorial: Regulators should protect financial system, not bankers

06/28/2007 | Wall Street Journal, The

The Wall Street Journal argues in an editorial that appeared in today's editions that the Bear Stearns hedge fund meltdown and the subprime-mortgage problems that caused it should not be seen as a need for more regulation. "Financial bets gone wrong are not a crime. In fact, they are essential," the newspaper wrote.

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Wall Street Journal, The

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