The Washington Post Sunday, Octobeb 25. 1987 H3  
L. William Seidman, chairman of the FDIC, supports banking deregulation.	Comptroller	Robert	Clarke	says	a	ÛÏgremlinÛ is frustrating deregulation effort.</br></br>Such events don't change the need for banks to be able to sell securities, Clarke said, but they intensify public fears that blending commercial and investment banking will add more risk to the financial system.</br></br>The underlying conditions of improved technology and increased competition that have forced banks to seek new powers remain unchanged, bankers argue. Many proponents of bank deregulation insist that in the long run the full effect of the marketÛªs plunge could prove a boon to their cause.</br></br>ÛÏ[Last] week shows that a marriage between commercial banking and investment banking has nothing to do with the ups and downs of the market,Û said Richard M. Whiting, general counsel of the Association of Bank Holding Companies.</br></br>ÛÏEven if the combination of banking and underwriting were allowed [in the United States],Û he said, ÛÏthere are a lot of things that have been put in place since 1929 that would prevent many of the horror stories.Û