Quote: |
Originally Posted by Butterfly They are going to "regulate" ratings agency, about fucking time | Seemed to be a bit of "to the extent we can" in there statements as I watched. Wasn't clear how much authority the Fed, Treasury etc had under existing law to impose regulation. They appear to be saying Congress needs to give them additional authority? I may be getting ratings regulation confused with the discussion on imposing conditions of Fed loans to financial institutions. 
__________________
Eat right, exercise daily, live clean, die anyway. |