Please read the article linked to below:
http://www.cnbc.com/id/100880857
Next, review the “Last Word” on pp. 742-743 of the text. After doing these two things, respond in no more than two well-developed paragraphs to the following question:
What would be the systemic benefits to implementing regulations that reduce bank leverage? . . . What would be the costs of regulations that reduce bank leverage? . . .
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