Some banking experts, however, said that the regulators moved too slowly in trying to save Superior.
Medical regulators often move slowly, out of concern for doctors who make innocent mistakes.
Though the limits are cracking open, regulators are moving cautiously.
And once regulators moved to slow Empire's condo loans, the end of Empire was simply a matter of time.
Nevertheless, regulators have moved slowly because of public fears about bioremediation.
And to prevent the largest insurance failure in history, regulators moved in and froze withdrawals.
But he also cautioned that Congress and regulators should move slowly in making changes.
The regulators then moved to declare 20 of MCorp's 25 units insolvent and take them over.
Now the regulators are moving to reduce the risk at pressurized-water reactors as well but will not complete the task until early 2007.
He said bankers must change their practices as Congress and regulators move to limit the scope of deposit insurance and consider granting banks new powers.