Sen. Reed (D-R.I.) asks if the right market system is in place
Sen. Jack Reed (D-R.I.) says that when looking back over the financial events of the last several months, themes begin to emerge, such as a lack of transparency and disclosure, aspects of oversight, specifically in risk management and financial reporting to the investing public, a lack of effective analysis by credit rating agencies, and a regulatory environment that missed growing risks in the system. (1:27)
May 7, 2008
Categories
Related
- SEC Must Share Some Blame For Financial Regulatory Failure, Market Collapse Says Dick Shelby
- Rep. Waxman: The story of the credit rating agencies is a story of colossal failure
- Regulation Proposed For Over-The-Counter Derivatives
- Frank And Others Less Than Interested In Financial Regulatory Reform
- Central counterparty not the “silver bullet” for OTC credit derivatives market
Latest Audio
Happening Now - TRNS on Twitter
- @jackrice: U.S. Capitol, 2009 [pic] http://ff.im/-b7yEP -- 2 hours ago
- @jackrice: U.S. House Passes Abortion Amendment to Health Insurance Reform. http://ff.im/-b7uae -- 2 hours ago
- @jackrice: House Erupts in Applause with 218 Votes. http://ff.im/-b7uad -- 2 hours ago
- @jackrice: Will Health Insurance Reform Happen? http://ff.im/-b7uaf -- 2 hours ago
- @jackrice: House Passes Health Insurance Bill. http://ff.im/-b7uac -- 2 hours ago
- @jackrice: House Passes Health Insurance Bill. http://bit.ly/1r7S1d -- 3 hours ago
- @jackrice: House Erupts in Applause with 218 Votes. http://bit.ly/MoW0j -- 3 hours ago
- @jackrice: Will Health Insurance Reform Happen? http://bit.ly/3IZrk9 -- 4 hours ago
- @jackrice: House of Reps is voting on history. For once, voting for health insurance reform is vote for the people. This is about patriotism. -- 4 hours ago
- @jackrice: I'm listening to the soundtrack of Kill Bill, Vol.1. Damn, this thing is great. -- 9 hours ago