What will be the most substantial change to the banking industry resulting from the current economic turmoil? (BizJournals)
Story date: 2008-08-31 09:16:27
Added on: 2008-08-31 21:29:00
A major change in the banking industry that may occur due to the recent turmoil will be how the industry is regulated. There is a plan out of Treasury Secretary Henry Paulson’s office referred to as the Blueprint For Regulatory Reform. The basis of the plan is not necessarily a reaction to today’s economic woes, largely brought on by the residential mortgage debacle, but is something some ...
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