Tuesday, March 16, 2010

Another Market failure? Not so fast!

With the fall of huge corporations and many people losing money in the market that Americans depend on more and more every day it is important to implement a regulatory group to look after these large corps. This is what the government is attempting to do by releasing a draft bill of sweeping regulatory changes aimed at warding off future collapses in the financial system. We all saw what happened to the fall of AIG and GM and how it has affected our financial future as we have loaned out trillions to businesses around the nation. Not only will it help the large corporations but is also supposed to look after us, the little guy trying to make a living in this market. The article goes on to mention bank monitoring and early warning systems to when this issue could occur again. Do you think this bill is smart for our future or is just causing a pain during the health car bill which is still in limbo?


1 comment:

  1. http://money.cnn.com/2010/03/13/news/economy/financial_overhaul/index.htm

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