In Washington, a Split Over Regulation of Wall Street - New York Times - The Diigo Meta page

• 24 Mar 08
  

  Brady Russell

  business mortgages delicious

• 22 Mar 08
  

  tony curzon price

  The lobby is out already to stop regulation ...

  regulation subprime

  • “If we don’t tread very carefully on restructuring a very complex financial system, we might stifle the necessary animal instincts of a free market,” said Mark A. Bloomfield, president of the American Council for Capital Formation, a business advocacy group. “Every day, the cries of populism grow stronger and could trample good economic policy.”
  • “What we’re looking at in our blueprint is how to make our regulatory structure more efficient, less duplicative and more in line with today’s capital markets,” said David G. Nason, assistant secretary of the Treasury for financial institutions. “We’ve got five regulatory agencies focused on depository institutions. We’re one of the only countries in the world that separates securities from futures, and our regulation of insurance is solely at the state level.”

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