1Ben S. Bernanke, Financial Reform to Address Systemic Risk, Speech at the Council on Foreign Relations, Washington D. C. ( Mar. 10, 2009 ), http .//www. federalreserve, gov/newsevents/speech/bernanke20090310a, htm, last visit on Oct. 15,2012.
2George G. Kaufman,Bank Failures,Systemic Risk,and Bank Regulation,CATO J. Vol. 16,No. 5,1996,pp. 17 -21 (quoting Alan Greenspan, Remarks at a Conference on Risk Measurement and Systemic Risk, Board of Governors of the Federal Reserve System, Nov. 16,1995 ), http .//www. cato. org/pubs/journal/cjlon1 -2. pdf,last visit on Oct. 10,2012.
3Testimony Concerning Regulation of Systemic Risk . Hearing Before the S. Comm. on Banking, Housing and Urban Affairs, 111 th Cong. 1 (2009) (testimony of Mary L. Schapiro, Chairman, SEC ), http.//banking, senate, gov/public/index, cfm? FuseAction = Files. View&FileStore_id = 4c3a14d4 - ddee -4873 - b56d - c7313cd55398 ,last visit on Oct. 15,2012.
4Allen, Franklin and Anthony M. Santomero, The Theory of Financial Intermediation, Journal of Banking & Finance, Vol. 21, No. 11 - 12,1997, pp. 1461 - 1485.
5Thomas Cooley & Ingo Walter, Financial Polluters Need to Pay, Bloomberg, Feb. 12,2009, http .//www. bloomberg, com/apps/news? Pid = 20601039&refer - columnist_and&sid = ajotwjbllZSM ,last visit on Oct. 15,2012.
6Establishing a Framework for Systemic Risk Regulation, http.//banking, senate, gov/public/index, cfm? FuseAction = Files. View&FileStore_id =4c3a14d4 - ddee -4873 - b56d - c7313cd55398 ,last visit on Oct. 15,2012.
7Charles Goodhart and Dirk Schoenmaker, Should the Functions of Monetary Policy and Banking Supervision Be Separated?, Oxford Econ. Papers, Vol. 47,1995, p. 544.
8Charles Goodhart and Dirk Schoenmaker, Institutional Separation Between Supervisory and Monetary Agencies, Charles Goodhart (ed.) ,The Central Bank and the Financial System , MIT Press, 1995, pp. 333 -414.
9Charles Goodhart, Price Stability and Financial Fragility, Charles Goodhart( ed. ) ,The Central Bank and the Financial System , MacMillan Press, 1993 ,pp. 263 -303.
10Vasso Ioannidou, Does Monetary Policy Affect the Central Bank' s Role in Bank Supervision, Journal of Financial Intermediation, Vo|. 14, No. 1,2005, p. 58.
