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Proposals don't fix reason for crisis

Proposals don't fix reason for crisis - Knoxville News Sentinel

Politicians, like generals, fight the last war. A clear case in point is the proposed legislation on financial institutions. The main parts are that the FDIC would be able to seize nonbank companies that pose a systemic risk to the economy, the ...

Posted: Sun, 05 Jul 2009 03:45:00 GMT