An ancient Chinese proverb famously tells the
Limited understanding, limited outlook, limited vision sounds like a recipe for farce - except that it's not at all funny when "the frogs" decide to drag everyone else down to the bottom of the well.
Most credit unions, out of deference to and support of authority, have tried to "toad the line"... but if our regulatory "visionaries" keep it up, lots of credit unions are going "to croak".
Looking forward to another "ribbeting" (18 month!) exam cycle ....