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Fed's Next Job: Figuring Out Just Who Is Too Big
WSJ ^ | 6/19/09 | By DAMIAN PALETTA and PAUL GLADER

Posted on 06/18/2009 9:22:21 PM PDT by Flavius

WASHINGTON -- Who will be the most regulated of them all?

Under the Obama administration's proposed regulatory revamp, certain companies would be set aside for special scrutiny if they are seen as large and interconnected enough that their failure would send a shudder through the economy.

The plan would require these companies, even if they aren't banks, to face much stricter oversight from the Federal Reserve. The central bank could examine everything from the company's domestic parent to its smallest foreign subsidiary.

(Excerpt) Read more at online.wsj.com ...


TOPICS: News/Current Events
KEYWORDS: c

1 posted on 06/18/2009 9:22:21 PM PDT by Flavius
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To: Flavius
Fed's Next Job: Figuring Out Just Who Is Too Big

heh..heh..heh..heh..


2 posted on 06/18/2009 9:25:04 PM PDT by BerniesFriend (no no..arrrrwwwhhh..as in surprise..)
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To: Flavius

Corporations next job will be to move all of their corporate offices to Asia and/or Europe.


3 posted on 06/18/2009 9:26:31 PM PDT by Mogollon (Resistance to tyrants is obedience to God. -- Thomas Jefferson)
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To: Flavius

It’s a ‘fill in the blank or complete the sentence’ thingy isn’t it?

(Washington) Figuring out: Just Who Is Too Big


4 posted on 06/18/2009 9:27:26 PM PDT by This_far
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To: Flavius

For sure, Mark is to big to fail! Where is my money?


5 posted on 06/18/2009 9:28:47 PM PDT by Mark (Don't argue with my posts. I typed while under sniper fire..)
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To: Flavius

This is illegal. A gross overstepping of the feds.


6 posted on 06/18/2009 9:31:28 PM PDT by rawhide
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To: Flavius

Shut these private bankers down.


7 posted on 06/18/2009 9:33:37 PM PDT by VicVega (Join Jihad, get captured by the US and resettled in the best places in the world. I love the USA)
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To: Mark

I’m 21 and a half stones, I believe that makes me too big to fail, too!

Where’s my billion?


8 posted on 06/18/2009 9:33:57 PM PDT by PugetSoundSoldier (Indignation over the sting of truth is the defense of the indefensible)
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To: PugetSoundSoldier

The “half stones” confused me until I checked your home page.


9 posted on 06/18/2009 9:39:12 PM PDT by Mark (Don't argue with my posts. I typed while under sniper fire..)
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To: PugetSoundSoldier

I wear a 7 and 7/8 Stetson - my skull is way above average. I’m too big to fail! ;-)


10 posted on 06/18/2009 9:42:04 PM PDT by CodeMasterPhilzar (I'll keep my money, my guns, and my freedom. You can keep the "change.")
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To: Flavius

Does Obama realize that the Federal Reserve technically isn’t part of the federal government (notwithstanding the fact that the Federal Reserve controls the federal government)?


11 posted on 06/18/2009 9:51:30 PM PDT by MichiganConservative (Just say "No" to socialism.)
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To: Flavius

Just for kicks, I think I’ll ask where in the US Constitution this is authorized?


12 posted on 06/18/2009 9:53:20 PM PDT by MichiganConservative (Just say "No" to socialism.)
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To: CodeMasterPhilzar
I wear a 7 and 7/8 Stetson - my skull is way above average. I’m too big to fail! ;-)

No, that's your ego and it's clearly gone to your head! :)

Sorry, couldn't resist... You can join the Mark-and-PSS "Too Big To Fail" club, too! Welcome, fellow massive man!

13 posted on 06/18/2009 10:18:12 PM PDT by PugetSoundSoldier (Indignation over the sting of truth is the defense of the indefensible)
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To: Mark

Hah! I thought using the unit of stones was more well known than my other choice: 14,583 gross grains...

Yes, I like the obscure units, it makes math so much fun! And hey, when I say I am over 2 MILLION grains, then surely I must be too big to fail!


14 posted on 06/18/2009 10:20:56 PM PDT by PugetSoundSoldier (Indignation over the sting of truth is the defense of the indefensible)
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To: Flavius

bookmark


15 posted on 06/18/2009 10:35:32 PM PDT by GOP Poet
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To: MichiganConservative
Just for kicks, I think I’ll ask where in the US Constitution this is authorized?

14th Amendment incorporation rulings which specify that corporate individuals exist through, at the pleasure of, the government, and are enabled solely by "privileges" which may be expanded, contracted, or eliminated at any time, for any reason, in the name of the benefit of the government's interest in any area whatsoever.

16 posted on 06/19/2009 1:19:29 AM PDT by Talisker (When you find a turtle on top of a fence post, you can be damn sure it didn't get there on it's own.)
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To: Flavius

‘too big to fail’ would cover just about every company on the stock exchange


17 posted on 06/19/2009 1:36:52 AM PDT by blueplum
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To: Flavius

Start with shutting down the Federal Government


18 posted on 06/19/2009 4:02:25 AM PDT by ballplayer
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