Obama wins first financial reform victory in months

In a 43-26 decision, the House of Representatives Financial Services Committee voted in favor of slapping new rules on the largely unpoliced $450-trillion OTC derivatives market, widely blamed for amplifying last year's financial crisis. Full Story »

Posted by Jo Bobenhouse Smith
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Subjects: Politics
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Posted by: Posted by Jo Bobenhouse Smith - Oct 17, 2009 - 6:49 PM PDT
Content Type: Article
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Edited by: Jo Bobenhouse Smith - Oct 17, 2009 - 6:53 PM PDT

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Jo Bobenhouse Smith
4.0
by Jo Bobenhouse Smith - Oct. 17, 2009

This is an informative and straight forward article.

The committee’s bill strives to balance a desire to curb speculative market excess with preserving the market’s useful role in helping corporations hedge ... More »

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