Paulson proposes power grab
Filed Under (Inept Bureaucracy) by Don C on 29-03-2008
Even if you honestly believe this will make anything better, you are part of the problem.
Treasury Secretary Henry Paulson is likely to call for the creation of new regulatory agencies with broad powers over lending, the securities industry and business conduct, according to the draft of a study he commissioned.
Tacit admission that the banking bust is mired deep in corruption.
