Bulls and bears
|In Washington, mixed messages on tighter rules for Wall St.|
(From The New York Times) Conflicting signs are emerging in Washington over whether JPMorgan Chase’s surprise trading loss will spur tighter regulation on Wall Street.
One of the banking industry’s main regulators appeared to indicate that it would oppose new efforts to rein in risky Wall Street activities, while other regulators emphasized caution. Still, a Congressional committee announced plans on Monday to hold a hearing on the financial regulatory overhaul that will look at the JPMorgan loss.
Click here to read the full story.
comments powered by Disqus
Stakes are high for LNG export plan
Boeing to end pensions for non-union workers
Economy added 175,000 jobs in February