US Plans finance system overhaul

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  • Michaelious
    Confirmed User
    • Jan 2004
    • 6720
    #1

    US Plans finance system overhaul

    US plans finance system overhaul

    Henry Paulson wants the financial system to be more competitive


    Treasury secretary
    The US Treasury has revealed its blueprint for the biggest overhaul of regulation of the financial sector since the 1930s.

    Critics have said that the credit crunch and resultant market turmoil made a strong case for change.

    But Treasury Secretary Henry Paulson rejected claims that existing regulations have led to the turmoil.

    And he said the plan should not be implemented until current difficulties roiling financial markets are resolved.





    I bet they'll still fuck it up
    Tags: None
    • GrouchyAdmin
      Now choke yourself!
      • Apr 2006
      • 12085
      #2
      Originally posted by Michaelious
      I bet they'll still fuck it up
      That's what we do.

        Comment

        • theking
          Nice Kitty
          • Sep 2002
          • 21053
          #3
          Originally posted by Michaelious
          US plans finance system overhaul

          Henry Paulson wants the financial system to be more competitive


          Treasury secretary
          The US Treasury has revealed its blueprint for the biggest overhaul of regulation of the financial sector since the 1930s.

          Critics have said that the credit crunch and resultant market turmoil made a strong case for change.

          But Treasury Secretary Henry Paulson rejected claims that existing regulations have led to the turmoil.

          And he said the plan should not be implemented until current difficulties roiling financial markets are resolved.





          I bet they'll still fuck it up
          If it is approved it will not go into effect for a year to two years and it will take eight to ten years to show any affect one way or another...at least that is what the "experts" are saying.
          When you're running down my country hoss...you're walking on the fighting side of me!

          FOR THE LYING LOWLIFE POSTING AS PATHFINDER...http://gfy.com/fucking-around-and-pr...athfinder.html

            Comment

            • Michaelious
              Confirmed User
              • Jan 2004
              • 6720
              #4
              So basically too late, at least America is working alot quicker than the UK did with Northern Rock etc.

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