Securities Law Prof Blog

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

A Member of the Law Professor Blogs Network

Monday, June 9, 2008

NY Fed's Geithner Calls for Greater Oversight

Timothy Geithner, President of the Federal Reserve Bank of New York and the principal architect of the bailout of Bear Stearns, called for tougher regulation of the financial markets and increased Fed supervision to prevent future crises.  Geithner also said that the New York Fed is hosting a meeting of seventeen firms that represent 90% of trading in credit derivatives to discuss reform, including creation of a clearing house for credit-default swaps.

http://lawprofessors.typepad.com/securities/2008/06/ny-feds-geithne.html

News Stories | Permalink

TrackBack URL for this entry:

http://www.typepad.com/services/trackback/6a00d8341bfae553ef00e5532ca43b8833

Listed below are links to weblogs that reference NY Fed's Geithner Calls for Greater Oversight :

Comments

Post a comment