Over the past several years, antitrust laws' significance as a public policy to promote competition in banking has diminished. Deregulation has intensified competition so much that it has made antitrust laws nonbinding constraints, even during a merger movement of extraordinary proportions....

The discussion surrounding the recent reregulation of the thrift industry suggests that (i) thrifts engaging in "risky" activities are more likely to become insolvent and that (ii) thrifts already near insolvency are likely to take on more risks resulting in increased loss. This paper considers...

The U.S. Treasury Department (1991) makes a strong case for consolidating federal bank regulatory authority. However, its proposal to eliminate direct FDIC authority over insured nonmember banks contributes little to this end because deposit insurance requires supervisory oversight. The U.S....