“The risk is increased by the fact that the Treasury no longer has the power to guarantee investors’ holdings in money funds, an authority that was critical for stopping the 2008 run,” he said.
Sun, May 12, 2013 - Page 13 News List
Fed boosts its ‘too big to fail’ oversight
LESSONS LEARNED:The more intensive monitoring is needed because financial activities tend to move toward less-regulated sectors, Fed Chairman Bernanke said
This story has been viewed 2034 times.
Comments will be moderated. Remarks containing abusive and obscene language, personal attacks of any kind or promotion will be removed and the user banned.
Listing from 2016-08-18 to 2016-08-25
- Most read
- Most e-mailed
1August 15 brought no liberation to Taiwan
2The Liberty Times Editorial: Time to stand up for Team Taiwan
3KMT dismisses rumors of a deal with White Wolf
4US fine prompts FSC to warn banks over controls