– 
– 
Daylife Select
A point & click tool to create dynamic content portals. Learn More »
WASHINGTON House Democrats are balking at an Obama administration plan that would put taxpayers on the hook for up to five years to dismantle any giant financial firm whose failure could repeat last year's Wall Street collapse.</p><p>The... Full Article at KansasCity.com
Related Articles
-
WASHINGTON - House Democrats are balking at an Obama administration plan that would put taxpayers on the hook for up to five years to dismantle any giant financial firm whose failure could repeat last year's Wall Street collapse. Full Article at Minneapolis Star Tribune
-
October 29, 2009 -- WASHINGTON – Congressman Barney Frank today called a hearing of the House Financial Services Committee to discuss legislation to deal with large financial institutions which may causes systemic risks to the American economy. Full Article at All American Patriots
-
Recently unveiled legislation to address potential failures of large financial companies might not survive without significant changes. Full Article at Atlanta Journal Constitution
Related Quotes
-
if all that fails ... we hammer them pretty hard and we protect the taxpayers.
-
We need to build a system in which individual firms, no matter how large or important, can fail without risking catastrophic damage to the economy
-
We are going to reform securitization with some risk retention
-
One of the most searing lessons of last fall is that no financial system can work if institutions and investors assume that the government will protect them against the consequences of failure
