The plan would give the government new powers to seize key companies whose failure jeopardizes the financial system, as well as creation of a watchdog agency to look out for consumers' interests.
The Obama administration this week will propose the most significant new regulation of the financial industry since the Great Depression, including a new
Source:
http://www.latimes.com/business/la-fi-financial-regs16-2009jun16,0,4262249.story
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