Tough financial rules proposed - will...

Tough financial rules proposed - will they work?

There are 1 comment on the Chico Enterprise-Record story from Mar 27, 2009, titled Tough financial rules proposed - will they work?. In it, Chico Enterprise-Record reports that:

Appearing before the House Financial Services Committee, Treasury Secretary Timothy Geithner defends President Obama's proposals for an extensive overhaul of financial regulations in an effort to prevent a repeat of last year's banking crisis that toppled once-mighty institutions and wiped out trillions of dollars in investor wealth, on Capitol ...

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Born in Chico

Rancho Cordova, CA

#1 Mar 27, 2009
What good are more rules & regulation when the laws on the books already are ignored!

The wall street collaped because Big Companies were committing FRAUD! NO one is being held accountable and no one will be. Even Maddolf won't have to pay it all back... he stole Billions and is giving back Millions.

AIG is being bailed out! The Banks are too. This country should be left to the natural progression and the banks should fail as should the auto industries. Survival of the fittest should prevail...

And they made an EXAMPLE of Martha Stewart??? What a joke.

But this way it's a slow dying economy with the taxpayers being bled to death s l o w l y.

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