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Updated:
March 30, 2009
Capitalism no foe; just keep an eye on it
Atlanta Journal Constitution
March 29, 2009
Excerpt:
At long last, new rules. The Obama administration has come up with plans to regulate the Wild West frontier of high finance — firms that trade in financial derivatives, the complex instruments that brought the banking system to the brink of collapse. Last week, Treasury Secretary Timothy Geithner went before Congress to propose broad new federal powers to limit risks by high-flying financiers and also to limit executive compensation.
