Sunday, August 8, 2010

U.S. needs tighter monetary regulation-Summers

Sat Mar 13, 2010 12:41am EST

PALO ALTO, Calif., March 12 (Reuters) - The United Statesshould rethink domestic and global financial regulation,Lawrence Summers, director of the the White House"s NationalEconomic Council, said on Friday.

Currencies&&&&Regulatory News&&&&Bonds

"There is every reason to believe that pure marketsolutions are not viable," Summers told a Stanford Institutefor Economic Policy Research conference in a speech calling fortighter regulation of big institutions to lessen risk ofanother financial crisis. (Peter Henderson, San Francisco Newsroom +1 415 677 2541)

Currencies Regulatory News Bonds

0 comments:

Post a Comment