GAO: Regulators Found Risk Weaknesses At Financial Firms Before Crisis (Nasdaq)
Story date: 2009-03-17 11:27:34
Added on: 2009-03-18 03:26:27
WASHINGTON, D.C. -(Dow Jones)- Banking and securities regulators identified weaknesses in how certain large financial institutions monitored risk in recent years, but they failed to take strong action until after the financial crisis took hold, the Government Accountability Office found in its latest report.
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