systemic-risk-regulator

Treasury Secretary Wants The Ability To Seize Insurance Companies, Hedge Funds

By Meg Marco on March 24, 2009 2:47 PM 131 Comments

—>The Washington Post is reporting that Treasury Secretary Timothy Geithner will testify before the House Financial Services Committee today and argue that his agency needs broad powers to seize companies and "wind them down" without allowing them to enter bankruptcy. More »