Federal Reserve Chairman Ben Bernanke boasted about the improvements new regulations have provided to the old structure in a speech at Princeton University yesterday.
“First, the recent reform legislation has improved the design of the regulatory framework, closing important gaps such as the lack of oversight of the shadow banking system,” he said.
Bernanke also felt the [...]
Posts Tagged ‘private bankers’
Bernanke Boasts Of New Regulation Success In Speech
September 25th, 2010 by Financial Writer
Tags: Federal Reserve, financial crisis, financial reform, financial system, Global Economy, private bankers, us economy
more...Iceland votes over foreign debts, economy at risk
March 6th, 2010 by Financial Writer
Icelanders voted in a referendum on Saturday on a $5 billion deal to repay Anglo-Dutch loans, with an expected resounding “No” set to further delay foreign aid and hopes for economic recovery.
Despite the consequences of rejecting the standing deal, Icelanders are set to do just that, angry about what they see as harsh repayment terms [...]
Tags: debts, european union, iceland, icelanders, loans, private bankers