Archaic regulatory system to be reformed
Editor's blog
The status of the US Treasury’s $700 billion bail-out plan is changing so often and so quickly that this newsletter is likely to be out of date by the time you read it. After listening in on all the recent committee hearings on the current market turmoil, it is clear only a fraction of the public, and even members of Congress, fully understand the predicament the financial market is in and how the Treasury plans to solve the problem. The vague outline of the plan penned by Treasury secretary
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