The Feds new powers to ensure stability: Do They Really Think We Are This Dumb?
• Market-Ticker.denninger.netThese powers would override all regulators and apply to all types of financial firms and markets, according to the Financial Services Roundtable plan to reform the U.S. regulatory system.
More insanity from the culture of greed and corruption in Washington. Bailout your buddies and screw everybody else.