Frank Says Measure Will Require Publishing Names of Risky Firms

Nov 3rd, 2009 - Bloomberg

Related content:

Frank Says Measure Will Require Publishing Names of Risky Firms

Nov. 3 (Bloomberg) -- U.S. House Financial ServicesCommittee Chairman Barney Frank said he wants to make public thefirms deemed to be systemically risky as part of legislationbeing considered to prevent taxpayer-funded bailouts.

Frank reversed course on provisions in the bill he craftedwith the Obama administration and proposed last week, includinga proposal to keep secret a list of firms deemed to be a risk.

Read the whole story on Bloomberg or try our Toolbar
Bookmark and Share
blog comments powered by Disqus

Related stories:

  • Congress: Speed Up New Credit Card Rules

    Nov 4th, 2009 - CBS News

    The House has voted to impose tough new rules for credit card companies unless lenders agree to freeze interest rates and fees. The bill, approved 331-92, would accelerate...

  • MoD names five British soldiers shot dead in Afghanistan

    Nov 4th, 2009 - Telegraph

    MoD names five British soldiers shot dead in AfghanistanThe soldiers were killed by the British-trained Afghanistan National Police officer who "went rogue" and attacked them inside a military compound in the Nad-e'Ali district of Helmand province.

  • Frank Says Overdraft Fee Without Asking Is No 'Favor'

    Oct 30th, 2009 - Bloomberg

    Frank Says Overdraft Fee Without Asking Is No 'Favor'Oct. 30 (Bloomberg) -- Bank overdraft fees as high as $39on debit-card transactions aren’t “favors” for consumers ifthey haven’t asked for them, House Financial Services CommitteeChairman Barney Frank said.

  • Financial Reform: The Legislative Logjam

    Oct 26th, 2009 - Forbes

    Despite a year of high-minded rhetoric, President Obama has actually changed almost nothing--aside from cutting a few bankers' pay--about America's financial system. For better or worse, Congress again takes up the issue this week...

  • AP source: Treasury near deal on 'too big to fail'

    Oct 26th, 2009 - Forbes

    WASHINGTON -- The Treasury Department and a senior House Democrat have decided against making financial firms pay upfront the costs of dismantling them if regulators decide...

More stories ...

Related videos from YouTube:

More videos ...

Google Search: