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Treasury’s Plan Would Give Federal Reserve Wide New Power to Use “Swat Teams” to Regulate Financial System

The Treasury Department will propose on Monday that Congress give the Federal Reserve broad new authority to oversee financial market stability, in effect allowing it to send SWAT teams into any corner of the industry or any institution that might pose a risk to the overall system.
The proposal is part of a sweeping blueprint to [...]

Quick Links 3/3/08

Pulls embassy staff from Bogota…
Ahmadinejad: US Should Leave Iraq…
…landmark visit
PAPER: Federal Reserve’s rescue has failed…
Buffett: USA Essentially in Recession…
Israeli City Shocked As Rockets Hit…Strikes Kill 61 in Gaza…
Next Level…
Oil Prices Spike on OPEC Speculation…
…rethinking production cut plans
Oil exploration sought in Calif. national monument…
GOOGLE Earth showed protesters way to conquer UK parliament… [...]

Quick Links 2/27/08

Loss of wind causes Texas power grid emergency
Pollution Turns Chinese River System Red
Dollar hits new low as Fed signals rate cut
Abu Dhabi investment fund shifting balance of power in financial world
DUBAI INVESTMENT SETS RECORD IN VEGAS
Use of GOOGLE for Data Triggers Fears
USDA Sued Over ‘Downer’ Cow Rules
Gas Prices On Rise Again; May Pass $4 Gallon
Oil [...]