The Federal Reserve will get more powers to oversee big financial institutions, large firms will have to raise more capital and meet higher liquidity standards, hedge funds will face higher scrutiny, and a new agency will be set up to protect consumers and small investors.
Damn all these rules... wasn't it great that most of us lost a good portion of our retirement savings, and that the "big boys" bailed out, hanging onto their golden parachutes and loads of money. Yeah, lets just keep doing things the way we always have.
Damn all these rules... wasn't it great that most of us lost a good portion of our retirement savings, and that the "big boys" bailed out, hanging onto their golden parachutes and loads of money. Yeah, lets just keep doing things the way we always have.
