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{ Tag Archives } large-financial

SEC says Lehman report will be helpful

WASHINGTON (Reuters) – A Lehman Brothers bankruptcy examiner’s report will help U.S. securities regulators in their investigation of large financial firms involved in the Wall Street meltdown, a top regulator said on Wednesday

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McCain backs bills that would split big banks

WASHINGTON – (AP) Two senators, one from each party, called Wednesday for breaking up large financial firms that perform both commercial and investment banking, adding a wrinkle to already difficult talks in the Senate on how to regulate Wall Street.

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House panel OKs granting of bank breakup power

A proposal would let regulators take apart large financial firms that pose an economic risk before their failure becomes imminent. A House committee voted Wednesday to give the government extraordinary new power to break up large financial firms that pose a potential risk to the economy View original post here: …

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Obama embraces House financial overhaul bill (AP)

AP – President Barack Obama on Tuesday embraced a House bill that would give the government unprecedented power to seize bank holding companies and other large financial firms teetering on the brink of collapse and stick their competitors with the cost. Read the rest here: Obama embraces House financial …

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