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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 379.91+0.4%4:00 PM EST

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To: TobagoJack who wrote (31805)3/29/2008 9:57:57 AM
From: elmatador  Read Replies (1) of 217671
 
US proposes sweeping new oversight powers to the FED in a bid to avoid calamities like the current subprime crisis.

SEC would lose some of its authority and is likely to be combined with the Commodity Futures Trading Commission that regulates trade in gas, oil and other goods, the report said.

ELMAT: see the body not reacting to stimuli:

The report came as new statistics showed US consumer spending stalled in February despite rising incomes as Americans boosted savings amid recession fears.
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