“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 2026 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 2016-07-21 to 2016-07-28
- Most read
- Most e-mailed
1How secret were Washington’s talks with China?
2Lawmakers fly to Itu Aba, stress its island status
3Tsai cites public’s will over ‘consensus’
4EDITORIAL: KMT whips up nationalistic fervor
5Legislature approves law on ill-gotten party assets