S.E.C. Concedes Oversight Flaws Fueled Collapse
September 27th, 2008 by
The commission’s chairman, a deregulation proponent, ended a voluntary supervision program for Wall Street.
Posted in Securities and Exchange Commission, Bear Stearns Cos, Treasury Department, Paulson, Henry M Jr, Securities and Commodities Violations, Goldman Sachs Group Incorporated|GS|NYSE, Lehman Brothers Holdings Inc, Troubled Asset Relief Program (2008), Subprime Mortgage Crisis, Cox, Christopher, Brokers and Brokerage Firms, Morgan Stanley|MS|NYSE, Credit, Politics and Government, United States Economy, Finances, Federal Reserve System, Banks and Banking, Merrill Lynch & Co, Stocks and Bonds, Bank of America Corp|BAC|NYSE, Regulation and Deregulation of Industry