TV News LIES

Friday, May 16th

Last update07:28:50 AM GMT

You are here News Economy S.E.C. Chief Says Deregulation Fueled Crisis

S.E.C. Chief Says Deregulation Fueled Crisis

E-mail Print PDF

Christopher Cox, the chairman of the Securities and Exchange Commission and a longtime proponent of deregulation, acknowledged on Friday that the voluntary supervisory program of Wall Street’s largest investment banks had contributed to the global financial crisis and abruptly shut the program down.

The agency’s oversight responsibilities will largely shift to the Federal Reserve.

More...


Most Recent Related Stories...


Walmart says higher prices from tariffs coming as soon as this month

Walmart prices to go up Walmart says U.S. tariffs on imports from China and other countries will force the retail giant...

‘No one’s buying anything now’: how tariffs are striking a blow to historic Chinatowns

Chinatown losing because of ta On a balmy afternoon last month, Amy Tran unboxed a delivery at Yue Wa Market, a...

Walgreens closing dozens of stores across 17 states: Here’s where

Walgreens closingsDozens of Walgreens locations are preparing to close in the coming weeks and months after the...

Warren Buffett Announces He'll Retire From Berkshire Hathaway, Shocks Shareholders

Warren Buffett resignsRevered investor Warren Buffett shocked an arena full of his shareholders Saturday by announcing that he...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!