Last week in response to Ben Bernanke's request for help I offered a template for how I thought the regulators could best attack the problems in our financial system. I thought it would be useful to evaluate today's actions against my proposal. 1. Establish a moratorium on all US bank common and preferred dividends. - No. 2. Declare insolvent all banks on the FDIC and FSLIC problem bank list and merge them into a stronger financial institution (any bank with assets larger than $20 billion whose September 30th Tier 1 capital ratio is less than 8%). - No. 3. ...