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Non-Tech : The ENRON Scandal
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To: JBTFD who wrote (2657)2/8/2002 9:21:57 AM
From: Smart_Money  Read Replies (1) of 5185
 
WASHINGTON (Dow Jones)Federal Reserve Board Governor Mark Olson said Friday that regulators have not detected any systemwide problems involving accounting irregularities at U.S. banks. "We think the Fed has the ability to ask for consolidation where there's a transfer of risk," Olson said, speaking to the American Bar Association. "But we do not see a systemic pattern of risk."
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