Wednesday, July 2, 2008

Calls for Overhaul of Bank Regulations

Overview and Paulson video link To complement regulatory efforts, called for strong market discipline to reinforce the stability of markets. A tougher regulatory system can allow financial institutions to fail without wider turbulence. Paulson also said the Fed needs sweeping powers that would make it easier to get information — and intervene if necessary. Fed and SEC to Compare Notes, Hank Paulson Blesses Union- Dealbreaker

Global Regulations Need Bolstering, F.S.A. Chief Says “Throughout the world, regulation has been found wanting. In very many countries there have been examples of regulatory inadequacies.” Highlighted problems with risk management at Citi, SocGen and RBS.

Twitter Updates

    follow me on Twitter

    Call Rosenthal Recruiting to Discuss your Hiring Needs and Career

    (973) 826-0537