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Opinion
Bill Dudley

Five Steps to Stop the Next Run on America’s Banks

Lessons for regulators from three weeks of financial mayhem.

Systemic? Who knew? 

Systemic? Who knew? 

Photographer: Rebecca Noble/AFP/Getty Images
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The banking havoc of the past few weeks has focused attention on regulators: What should they learn, and what should they do about it?

I see five lessons, and five prescriptions.