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Fed proposes rules to boost stability of financial system
Associated Press ^ | Mar. 4, 2016 5:26 PM EST | Martin Crutsinger

Posted on 03/04/2016 2:33:51 PM PST by Olog-hai

The Federal Reserve has put forward new rules aimed at addressing one of the primary causes of the 2008 financial crisis -- the financial exposures that the biggest banks had with each other.

The Fed is proposing new limits on that exposure. It hopes the new rules will prevent the type of crisis that engulfed the U.S. financial system in September 2008 when the collapse of Lehman Brothers raised fears about the stability of other banks that had made loans to Lehman. [...]

The rules would implement a portion of the Dodd-Frank Act passed by Congress in 2010 in response to the 2008 crisis, the worst financial crisis to hit the country in seven decades. ...

(Excerpt) Read more at bigstory.ap.org ...


TOPICS: Business/Economy; Constitution/Conservatism; Crime/Corruption; Government
KEYWORDS: doddfrank; federalreserve; fiscalcliff; lehmanbrothers

1 posted on 03/04/2016 2:33:51 PM PST by Olog-hai
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To: Olog-hai
We were doing just fine before the Fed existed to cause misapplication of capital.
2 posted on 03/04/2016 2:36:29 PM PST by Sam Gamgee (May God have mercy upon my enemies, because I won't. - Patton)
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To: Olog-hai

Stop importing millions of deadbeats and murderers and you want have to implement any rules.


3 posted on 03/04/2016 2:37:02 PM PST by jsanders2001
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To: Olog-hai

The answer to a regulatory caused crisis? More regulation !!!! That’s the ticket!


4 posted on 03/04/2016 2:38:53 PM PST by major-pelham
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To: Olog-hai

So now the Federal Reserve is making law! They bare a law on to themselves!


5 posted on 03/04/2016 2:41:12 PM PST by stocksthatgoup ("You gotta leave it to the voters to decide what they want. I don't take any strategy from anybody")
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To: stocksthatgoup

Bare=are


6 posted on 03/04/2016 2:41:41 PM PST by stocksthatgoup ("You gotta leave it to the voters to decide what they want. I don't take any strategy from anybody")
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To: Olog-hai

Do they know something they are not telling us...?


7 posted on 03/04/2016 2:42:16 PM PST by AngelesCrestHighway
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To: AngelesCrestHighway

They know it’s coming.....


8 posted on 03/04/2016 2:45:19 PM PST by SaveFerris (Be a blessing to a stranger today for some have entertained angels unaware)
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To: Olog-hai

Let me guess, another $20 Trillion in national debt.


9 posted on 03/04/2016 2:53:05 PM PST by Freedom_Is_Not_Free (The Confederate Flag is the new "N" word.)
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To: Olog-hai

Just put the Fed out of business. As presently constituted it is worthless as well as dangerous.


10 posted on 03/04/2016 2:58:53 PM PST by mulligan (I)
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To: mulligan

The Fed is how we got into this situation. If you want to live through it buy some junk silver soon.


11 posted on 03/04/2016 3:20:58 PM PST by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped)
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To: mulligan

Bump and AMEN!


12 posted on 03/04/2016 3:31:16 PM PST by upchuck (Killary is the poster girl for everything wrong with our government. h/t Mister Da)
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To: Olog-hai

The Fed has been trying to keep this quiet and divert attention from it, hoping that something will happen to make it unnecessary. But the rate will eventually go negative toward inflating the dollar supply. There’s no other way in sight.

Fed Stuck Between Hard Place and a Grenade
http://www.marketoracle.co.uk/Article54282.html


13 posted on 03/04/2016 3:50:10 PM PST by familyop ("Welcome to Costco. I love you." --Costco greeter in the movie, "Idiocracy")
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To: Olog-hai

Much of it is about supporting the debt regime of governments as long as possible, by the way. They can’t stand rates going further positive.


14 posted on 03/04/2016 3:52:44 PM PST by familyop ("Welcome to Costco. I love you." --Costco greeter in the movie, "Idiocracy")
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