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WASHINGTON (AP) – The White House told industry officials on Friday that it is leaning toward recommending that the Federal Reserve become the supercop for “too big to fail” companies capable of causing another financial meltdown.
                    [DatePublished] => 2009-05-10 00:00:00
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TREASURY DEPARTMENT AND NATIONAL ECONOMIC COUNCIL

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abtest

Obama wants US Fed to be finance supercop

May 10, 2009 - 12:00am

WASHINGTON (AP) – The White House told industry officials on Friday that it is leaning toward recommending that the Federal Reserve become the supercop for “too big to fail” companies capable of...

Business