Thursday, March 13, 2008

U.S. to Revamp Credit Rules

from The Wall Street Journal

March 12, 2008

Top economic policy makers plan to release Thursday their broadest plan yet for avoiding a recurrence of the current credit crunch. Treasury Secretary Paulson said that recommendations, which extend to nearly every niche in the credit markets, include strengthening oversight of mortgage lenders and brokers and requiring more disclosure by ratings firms.

http://online.wsj.com/article/SB120535743939031491.html?mod=djemalertNEWS

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