Townsend Says Banks Need Better, Not More, Regulation: Video

Nov. 12 (Bloomberg) -- Gary Townsend, president and chief executive officer of Hill-Townsend Capi...  More »

Nov. 12 (Bloomberg) -- Gary Townsend, president and chief executive officer of Hill-Townsend Capital LLC, talks with Bloomberg's Deirdre Bolton about regulation of the banking system. Townsend also discusses the repeal of the Glass-Steagall Act and its impact on the financial industry, the outlook for replacing Bank of America Corp. Chief Executive Officer Kenneth Lewis and Senate Banking Committee Chairman Christopher Dodd's regulatory overhaul proposal. (Source: Bloomberg)  « Less