If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!USA Today, playing Captain Obvious, has an article that highlights how federal regulators failed to properly oversee banking institutions and missed key warning signs of the meltdown as early as 2005. The FDIC blames the OCC (Office of the [...]
The American system for regulating banks, stock markets, public companies, taxes and other financial institutions is a patch-work quilt of decentralized federal agencies, state agencies and other regulatory bodies may have played a significant role in the current financial crisis. If it isn’t fixed, some experts contend this cobbled together system will make such meltdown [...]
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