"The administration made a calculated decision," says Ellen Seidman, former Director of the Office of Thrift Supervision and senior fellow at The New ...
..."The U.S. was always No. 1 and assumed it would be No. 1 and acted
accordingly," says Doug Rediker, a former investment banker and a
co-director of the Global Strategic Finance Initiative at the New
America Foundation, a Washington, D.C., think tank. "Now other nations
are catching up. There are competitors fighting for market share in
every industry. The U.S. is under pressure..." LINK
