Battered financial industry faces more oversight »

Posted By STONERS 9 months ago in Business & Finance

With the passage of the $700 billion rescue package, the financial industry will face greater congressional scrutiny in coming weeks and months.

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    lovemorgul9 months ago

    here it will hold three more hearings this month on hedge funds, credit rating agencies and the role of regulators in the run-up to the crisis.

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      Teech9 months ago

      No! No! No!

      No oversight! More deregulation! Give Wall Street the 700 billion, or more, and they will solve the problem. Let the free market correct itself with NO oversight, no rules, and no stupid regulations to impede it! Prosperity and riches for all are just around the corner! It is all those stupid Democrat and Clinton regulations that got us in this mess! Just ask Sarah!

      Suspend the election and let George and Dick handle it. They just need a little more time for all that money to "trickle down" so Americans can spend, spend, spend and we'll be out of this mess quick as a wink! Double those Bush tax cuts, make them permanent, and jump back as the economy takes off like a rocket!

      It's because of no oversight, cost plus, no bid contracts that we are winning big in Iraq and are just a hairsbreadth from VICTORY! Don't mess it up now, for Pete's sake, gosh darn it!

      Now, lets all sing together at the top of our lungs - Happy days are here again............

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