Wednesday
Mar182009
Obama calls for new financial regulating body
By Michael Ruhl, University of New Mexico - Talk Radio News Service
President Barack Obama said that his administration is working on establishing a new regulatory framework to prevent future situations such as the one the government faces with AIG. Obama said these would be part of his broader economic plan, and would serve as tools to help maintain balance. The new body would be similar to the FDIC, and would protect consumers, investors, and depositors. (01:47)
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President Barack Obama said that his administration is working on establishing a new regulatory framework to prevent future situations such as the one the government faces with AIG. Obama said these would be part of his broader economic plan, and would serve as tools to help maintain balance. The new body would be similar to the FDIC, and would protect consumers, investors, and depositors. (01:47)
Listen
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AIG, Barack Obama, Congress, Michael Ruhl, Ruhl, bailout, economic crisis, michael, michael t ruhl, michaeltruhl, president, regulation in Audio, White House
AIG, Barack Obama, Congress, Michael Ruhl, Ruhl, bailout, economic crisis, michael, michael t ruhl, michaeltruhl, president, regulation in Audio, White House
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God bless you all,
rob