Bush Admin Latest Economic Proposal Short on Legislative Details

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At www.washingtonpost.com

The proposals - geared more for next recession than this one - call for changes to nearly every segment of the credit markets and mortgage industry, including the creation of natl standards for mortgage brokers, tighter oversight of credit-rating firms and stricter capital requirements for financial institutions making risky investments. The plan's authors did not explain how they would translate their ideas into laws.

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At www.washingtonpost.com

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