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Real Estate & Property Law

: Housing Wire

Bernanke on Non-Banks: Passover to a New Rule Book

By DIANA GOLOBAY

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Significant non-banking financial institutions like American International Group Inc. (AIG: 1.52 +7.04%) are an integral part of the U.S. economy and so interconnected with other institutions that outright failure is not an option, Federal Reserve chairman Ben Bernanke said in a speech today. Instead, he said, such firms ought to face a strict set of [...]

Full post as published by Housing Wire on April 14, 2009 (boomark / email).

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