Power of Story Send a Tweet        
- Advertisement -

Share on Google Plus Share on Twitter Share on Facebook 1 Share on LinkedIn Share on PInterest Share on Fark! Share on Reddit Share on StumbleUpon Tell A Friend (1 Shares)  

Printer Friendly Page Save As Favorite View Favorites (# of views)   1 comment, 6 series
General News

A Dodd-Frank Watchdog Still Growls, on a Slightly Tighter Leash

Quicklink Submitted By   Follow Me on Twitter     Message Susan Lee Schwartz     Permalink

Related Topic(s): ; ; ; ; , Add Tags  

View Ratings | Rate It


Author 40790

too big to fail
too big to fail
(Image by jeffisageek)
  Permission   Details   DMCA

At first glance, two events this week suggest that federal regulators are losing ground against “too big to fail” financial institutions. A ruling that requires the council to jump through a lot more hoops — like performing cost analyses — could slow it down considerably. That might not seem like such a big deal now, when markets appear to be relatively stable.But imagine a situation like the lead-up to 2008. A.I.G. placed huge and risky bets over a relatively short period, rapidly turning itself into a danger to the system. The council, operating under new restrictions meant to slow it down, might not be able to stop another A.I.G. before it’s too late.And then the battles over “too big to fail” would be right back where they started.

Read the rest of the story HERE:

At www.nytimes.com


- Advertisement -

View Ratings | Rate It


I began teaching in 1963,; Ba and BS in Education -Brooklyn College. I have the equivalent of 2 additional Master's, mainly in Literacy Studies and Graphic Design. I was the only seventh grade teacher of English from 1990 -1999 at East Side Middle (more...)

Share on Google Plus Submit to Twitter Add this Page to Facebook! Share on LinkedIn Pin It! Add this Page to Fark! Submit to Reddit Submit to Stumble Upon Share Author on Social Media   Go To Commenting

Other Series: View All 411 Articles in "lies & propaganda:: the rant"

Other Series: View All 452 Articles in "Public ignorance & those who use this"

Other Series: View All 354 Articles in "Shameful"

The views expressed herein are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.

Writers Guidelines

Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles
- Advertisement -