Home / World Business
Mon, May 04, 2009 - Page 10 News List

Obama says financial sector to shrink

SMALLER PORTION The US president said the recession would dramatically change the sector and that it would no longer make up such a huge percentage of the US’ wealth

REUTERS , WASHINGTON

“The experience in a country like Canada would indicate that good, strong regulation that focuses less on the legal form of the institution and more on the functions that they’re carrying out is probably the right approach to take,” he said.

This story has been viewed 1300 times.
TOP top