Friday, January 01, 2010

The Call for Financial Reform

Reform of financial system needed immediately
 
Dire forecasts at the beginning of 2009 predicted the demise of one or more major banks in the country. Despite threats to financial institutions, none of the large banks failed, thanks partially to emergency measures from the government. However, risks remain, and emergency efforts are not a viable solution moving forward, according to this Washington Post editorial.
- Washington Post

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