Archive for March 25th, 2009

Treasury head Geithner unveiling regulatory agenda (AP)

Written by on Wednesday, March 25th, 2009 in Latest News.

AP – The Obama administration is proposing an extensive overhaul of financial regulations in an effort to prevent a repeat of the banking crisis last fall that toppled once-mighty institutions and wiped out trillions of dollars in investor wealth.

Original post by AFP and software by Elliott Back

Sources: Extensive regulatory overhaul planned (AP)

Written by on Wednesday, March 25th, 2009 in Latest News.

AP – The Obama administration is proposing an extensive overhaul of financial regulations to increase oversight of such exotic instruments as credit default swaps that have been blamed for contributing to the worst financial crisis to hit the country in seven decades.

Original post by AFP and software by Elliott Back

North Korea readies missile, U.S. warns (Reuters)

Written by on Wednesday, March 25th, 2009 in 193025.

Reuters – North Korea has place a long-range missile in place for a launch the United States warned would violate U.N. sanctions already imposed on the reclusive state for past weapons tests.

Original post by Reuters and software by Elliott Back



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