AP Sources: Obama wants Fed to be finance supercop

Courtesy Newsvine - business  Fri, 05/08/2009 - 14:43

The White House told industry officials on Friday that it is leaning toward recommending that the Federal Reserve become the supercop for "too big to fail" companies capable of causing another financial meltdown.


 

Related items

AP Sources: White House likes making Fed supercop
The White House is telling industry officials it is leaning toward wanting the Federal Reserve to become the supercop for "too big to fail" companies capable of causing another financial...

Six hazards facing the stock market
Nearly a year after the stock market began one of the biggest rallies in history, investors have begun to worry that this bull may be getting wobbly. There’s no shortage of cause for...

Dodd Warns of Uphill Road on Regulation
The former Federal Reserve chairman was told that the Obama administration’s new proposals to rein in Wall Street firms could derail negotiations over financial regulations.

BlueAnt UNOTPBAX53 X5 Bluetooth Stereo Headphone...
The X5 Stereo Bluetooth Headset is a portable multi-function device utilizing the latest cutting edge technologies allowing you to stream high quality music and make voice calls using a...

Uniden TRU9496 2-Line Corded/Cordless Digital...
With the Uniden TRU9496 5.8 GHz Digital 2-Line Expandable Phone System is the next generation of 5.8 GHz cordless phones. It's a full-featured digital answerer, with a Dialing keypad and a...


 

Post new comment

The content of this field is kept private and will not be shown publicly.
CAPTCHA
We apologize for the inconvenience. Please help fight spam.
business.marc8.com