Clearly, Congress must prevent future activities from endangering our financial system, similar to what we witnessed with AIG, Bear Stearns, and Lehman Brothers last year.
Paul E. Kanjorski: “Clearly, Congress must prevent future activities from endangering our financial system, similar to what we witnessed…”
Editor's note · Context
Kanjorski emphasizes the need for Congress to safeguard the financial system.
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The Republican plan that was put forward last week addresses various policies that put the taxpayer at risk, but has no bail-out in the future.
But I am curious, should we not now take the opportunity to reform some of the structure of government, particularly by merging the CFTC and the SEC?
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