Sun, Mar 10, 2013 - Page 8 News List

Editorial: Restructuring the financial industry

The government can look at ways to fine-tune its deal with Taishin Financial concerning the Chang Hwa Bank debacle, but by taking no action and stepping away from the financial consolidation policy it will simply create a “lose-lose” situation for itself and the financial industry.

It does not require much intelligence to recognize that the government is in danger of creating distrust.

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