Dodd proposes new limits on bank trading (AP)

Posted by Yahoo! News: Top Stories on 24 Jun 2010 under News

* FILE - In this April 28, 2010, file photo Senate Banking Committee Chairman Sen. Christopher Dodd, D-Conn., with Senate Majority Leader Harry Reid of Nev., right, speaks about financial reform on Capitol Hill in Washington.  A House-Senate conference is working to fuse separate versions of the biggest rewrite of Wall Street regulations since the Great Depression, and in an interview with The Associated Press Friday, June 19, 2010, Dodd said, 'I've gotta keep things together.' As chairman his final career test before retiring in January is to protect his and the Senate's version from changes, demanded by House members, bankers and the Obama administration.  (AP Photo/Charles Dharapak, File)AP - A key Senate negotiator on sweeping new Wall Street regulations has proposed limits on the ability of banks to carry out high-risk trades or invest in hedge funds and private equity funds.


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Read more of . . .

from: Yahoo! News: Top Stories. Click here.

See also . . .

  1. Dodd: Defending a Senate bill against all comers (AP)
  2. "AP - It was near the end of a long day and Sen. Christopher Dodd, in his shirt sleeves with 1,900 pages of proposed financial regulations stacked in..."

  3. Financial reform bill stumbles in Senate (Reuters)
  4. "Reuters - The most sweeping overhaul of U.S. banking rules since the Great Depression stumbled in the Senate on Monday as Republicans united to..."

  5. Leibovitz gets new creditor to manage debts (AFP)
  6. "AFP - Financially troubled photography icon Annie Leibovitz has turned to a US private equity firm to help deal with debts which had threatened to..."

  7. Bank reform talks fail, Dodd to go solo (Reuters)
  8. "Reuters - Chances of a broad overhaul of U.S. financial regulation dimmed on Thursday after bipartisan Senate talks collapsed, helping boost bank..."

 
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