White House Unveils Plan to Overhaul Credit Rules (NPR)
Story date: 2008-03-13 04:16:20
Added on: 2008-03-13 19:00:20
The Bush Administration unveiled its plan Thursday for overhauling the vast regulatory system to prevent another crisis in the nation's credit markets. It said banks, mortgage companies, investors and credit-rating agencies all share in the blame, and it proposed that mortgage brokers be licensed and added new voluntary guidelines.
Read more...
Related Stories:
-
US' Paulson touts regulatory plan, says financial firms must be ... - Forbes
LONDON (Thomson Financial) - The current credit crisis is not yet over, but policymakers should strike while the iron is hot and...
2008-07-02 04:51:00 -
White House Overhauling Rescue Plan (The Wilmington Star-News)
A new approach that would inject capital into banks raises questions on whether officials squandered time with an earlier $700 billion plan...
2008-10-13 05:26:46 -
Global banking regulation shake up needed to prevent second credit ... - Forbes
LONDON (Thomson Financial) - A major shake-up in banking regulation is needed to prevent a re-run of the credit crunch, including reforms...
2008-05-01 05:10:00 -
Wall Street Awaits Government Plan (Bay News 9 Tampa Bay)
By JOE BEL BRUNO NEW YORK (AP) -- While Wall Street faces the biggest overhaul of its regulatory structure since the Great...
2008-03-30 03:13:41 -
Prosecute the Mortgage Sharks - Washington Post
When Treasury Secretary Henry M. Paulson released the government's blueprint for overhauling the nation's financial regulatory structure, he promised to direct more...
2008-04-26 12:16:00 -
Democrats move first to address housing crisis (Philly.com)
WASHINGTON - As Treasury Secretary Henry M. Paulson Jr. proposed overhauling the regulatory framework for the financial system, Democrats in Congress said...
2008-04-01 02:28:06 -
White House Overhauling Rescue Plan (New York Times)
The new approach, which would have the government inject capital directly into banks, is one that officials had opposed....
2008-10-11 04:51:28 -
US spells out Fannie-Freddie backstop plan (The Arizona Republic)
The plan aims to prevent the subprime credit market troubles from engulfing financial markets....
2008-07-14 09:29:29