Yes’m.
Mah pleasure! :)
Tried watching the Baarney Frank/ Geithner hearings this morning...CNBC had more coverage than others but lots of cut aways...
Sounds like FDIC would be the preferred BIG regulator...
U.S. FDIC would run seized non-bank firms-Treasury
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Under the proposal, the Treasury would build on the FDIC's existing authority to seize banks and thrifts, but a decision to seize control of a non-bank institution would require involvement of the Treasury Secretary, the Federal Reserve and be done in consultation with the U.S. president.
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Don't know where FHA would fit in here....