The current crisis in banking regulation is the subject of this volume, which evaluates the recent shift in regulatory strategy and looks at the techniques by which agencies implement regulatory policy. Garten cites the changes that have lessened the profitability of the deposit-lending business, as well as the deregulation that has taken place, but contends that more significant changes are occurring in the regulation that remains. Regulators are experimenting with initiatives that mirror the disciplinary techniques of the corporate equityholder, though Garten argues that this strategy may not be enough to help the industry.