Mar 31
Winners, losers in Paulson’s shake-up
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The Treasury secretary’s proposal to revamp the nation’s financial regulation would expand the Fed’s influence but would likely foretell the SEC’s demise.
The Treasury secretary’s proposal to revamp the nation’s financial regulation would expand the Fed’s influence but would likely foretell the SEC’s demise.
The collapse of Bear Stearns should not surprise anyone. When things go sour for an investment bank, the damage will be ugly, as we’ve now seen. I’m adjusting my portfolio to reduce my risks.