Securities Law Prof Blog

Editor: Eric C. Chaffee
Univ. of Toledo College of Law

A Member of the Law Professor Blogs Network

Thursday, April 3, 2008

Fed Staff Monitor Investment Banks

Federal Reserve staff are onsite at the five major investment banks to monitor their financial condition.  Chair Cox will testify today before the Senate banking committee, amid inceased Cong, ressional criticism of its performance.  Senator Grassley, for example, asked the SEC's inspector general to review the agency's 2005 investigation into Bear's pricing of mortgage-related assets, which the SEC closed without filing charges.   WSJ, The Fed Hits the Street.

http://lawprofessors.typepad.com/securities/2008/04/fed-staff-monit.html

News Stories | Permalink

TrackBack URL for this entry:

http://www.typepad.com/services/trackback/6a00d8341bfae553ef00e551960ece8833

Listed below are links to weblogs that reference Fed Staff Monitor Investment Banks:

Comments

Post a comment