Mortgage Daily

Published On: July 12, 2011

Like the financial institutions they oversee, bank regulators have been criticized for not doing more to prevent the financial crisis and are feeling the pressure to scrutinize institutions more closely. Examiners employed by federal regulators often work in close proximity to the supervised bank executives — a setting that can sometimes raise the level of tension. But even as regulators expand their staffs, some examiners find that a move from the government to a bank can triple their earnings.

This wire news service story is no longer available.

However a copy might still be available at www.charlotteobserver.com

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