Regulators are typically not subject to those temptations.

They could argue that action is not necessary in a specific case, but they would have to do so publicly, thus becoming accountable for their inaction.

Supervisors should be bound by a presumption that they will act.

Indeed, Germany agreed to the wording only on the understanding that the ECB could not be a direct supervisor.

Other regulators did no better in predicting this crisis, and are even less suited to prevent the next.

But it missed an important opportunity to streamline US supervisory agencies, leaving it unclear whether the longstanding gaps and conflicting mandates that contributed to the crisis have really been resolved.

This type of rescue strategy also makes it possible to increase the required supervisory equity asset ratios of banks in the midst of the crisis without risking a credit crunch.

Even macroprudential regulation is of dubious value supervisors should confine themselves to overseeing individual institutions, leaving macro level policy to the grownups.

The Commission has accepted that conclusion for now, though one of Hill's aides has suggested that, at some point supervisory issues will pop up.

It might have been hoped that the bank supervisors who stress tested the banks would try to estimate the size of the banks losses on toxic assets.

An Epidemic of Politics

Lying Politicians

Policy coordination

To formulate such a policy requires us to frame a single energy policy.

They were not politicians.

Demilitarizing Muslim Politics

Reforming Macho Politics

Reviving a Policy Marriage

Sinking the Sunshine Policy

The Globalization of Mass Politics

The Health of American Politics

The Panthers of Identity Politics

This is a matter of politics.

The Paradox of Identity Politics

Russian Politics Reborn

'The result of bad policy'

These politicians are corrupt.

Finally, policymakers are running out of options.

The fourth policy imperative is rebuilding.

Politicizing EU Competition Policy

Then the politicians will follow.

These are the machinations of Italian politics.

The Triumph of Politics in Europe

Time for Politics in Kabul

The IMF s Lending Overhaul

Deescalating Europe s Politics of Resentment

The Monetary Cosmopolitans

The Enigma of European Defense

Formulating policy reform programs

Politicians stall, protests continue

As the Immigration Policy Center points out

And now for some politics...

Italian politicians make me mad.

So President Pastrana abandoned the politics of concession in favor of a firm hand.

Malaysians are tired of dirty politics that has been the main feature of the Malaysian political arena.