News Source: Disinfo.com
| 4 months ago
Over the past six months, politicians, businessmen and pundits have been convinced that we are in the midst of a crisis of capitalism that will require a massive transformation and years of pain to fix. Nothing will ever be the same again. "Another...
News Source: Los Angeles Times
| 4 months ago
The plan would give the government new powers to seize key companies whose failure jeopardizes the financial system, as well as creation of a watchdog agency to look out for consumers' interests. June 16, 2009 But critics say the easing of the...
News Source: Arizona Republic
| 4 months ago
The Obama administration's plan to revamp regulation and prevent any more crashes like those that felled AIG and Lehman Brothers includes a bold new idea: Empower the Federal Reserve to oversee the biggest financial players whose failure could...
News Source: Asian Wall Street Journal
| 4 months ago
President Barack Obama spent the first five months of his presidency trying to make sure the worst financial shock in 70 years didn't push the U.S. economy into a depression. He will spend the next five months or so trying to redo the rules of...