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Why the Power to Preemptively Break-up Financial Conglomerates is Misguided |
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Wednesday, 18 November 2009 00:00 |
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Alison Vekshin of Bloomberg reports that the House Committee on Financial Services approved an amendment today offered by Rep. Paul Kanjorski that would give U.S. regulators the power to dismantle financial institutions whose size is deemed to be threatening to the stability of the U.S. financial system.
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Sen. Dodd’s Comprehensive Financial Regulation Discussion Draft |
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Friday, 13 November 2009 00:00 |
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Earlier this week, Sen. Chris Dodd (D-CT), Chairman of the Senate Banking Committee, released a discussion draft of legislation that will be titled the "Restoring American Financial Stability Act of 2009." ForumBlog applauds Chairman Dodd and the members of his committee for their diligent work on these critically important matters, and here we provide our reaction to a few of the Senator's proposals.
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