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14 Mar 2010 21:46

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Biz: Two thresholds for Chris Dodd’s new bank-regulation plan

  • $10
    billion     the amount of assets a bank would have to have to be sanctioned for a consumer-rules violation
  • $50
    billion     the amount of assets a company would have to have to fall under the U.S.’s regulatory watch source
Posted by Ernie Smith • 0 Comments • Permalink

11 Dec 2009 15:01

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Biz: Poll: Will legislative attempts to regulate the financial system work?


Posted by Ernie Smith • 0 Comments • Permalink

11 Dec 2009 14:51

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Biz, U.S.: About time: The House passes a financial regulation bill

  • The Senate doesn’t have a comparable one ready yet. Today, the House took the initiative to more strictly regulate the failings of the financial industry – big bonuses, “too big to fail” corporations – at a 223-202 clip. Republicans largely didn’t go for the bill because they feared it would limit credit, force job losses and lead to future bailouts. They also argued that “too big to fail” companies didn’t need hand-holding and could handle bankruptcies, which sounds less like something they believe and more like something they can use against the Democrats. source
Posted by Ernie Smith • 0 Comments • Permalink
 
 
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