Major US financial reform agreed

Major US financial reform agreed

news.bbc.co.uk

This measure will severely curtail one of the most profitable activities of the big international banks when they do business in the US.

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US Senate passes financial reform bill
Propaganda blitz starting on financial reform

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Provisions of the negotiated financial reform bill
By The Associated Press (AP) – 4 hours ago

I'm glad to see some banking reform restrictions. I'd like to see a cap placed on loan default rates; 30% is ridiculous. Thats 3.7 times the original value in 5 years.

There was a thread on ats from May when the senate approved this bill.



news.bbc.co.uk
(visit the link for the full news article)