| Part Of Financial Crisis Inquiry Commission: Shadow Banking System Day 2 of 2
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2010-05-07T16:25:41-04:00https://ximage.c-spanvideo.org/eyJidWNrZXQiOiJwaWN0dXJlcy5jLXNwYW52aWRlby5vcmciLCJrZXkiOiJGaWxlc1wvYWY2XC8yOTMzNjctMDItbS5qcGciLCJlZGl0cyI6eyJyZXNpemUiOnsiZml0IjoiY292ZXIiLCJoZWlnaHQiOjUwNn19fQ==The Financial Crisis Inquiry Commission held the second of two days of hearings on the “shadow banking system.” Secretary Geithner called on the Senate to continue work on financial regulatory reform legislation including taking votes on consumer protections and oversight of derivatives markets. He was questioned often about his time as the head of New York Federal Reserve during the crisis and the administration’s recent proposals on financial reform. He said that while future financial crises may not prevented, the job of government is to make them less damaging on the public.
The Financial Crisis Inquiry Commission held the second of two days of hearings on the “shadow banking system.” Secretary Geithner called on the… read more
The Financial Crisis Inquiry Commission held the second of two days of hearings on the “shadow banking system.” Secretary Geithner called on the Senate to continue work on financial regulatory reform legislation including taking votes on consumer protections and oversight of derivatives markets. He was questioned often about his time as the head of New York Federal Reserve during the crisis and the administration’s recent proposals on financial reform. He said that while future financial crises may not prevented, the job of government is to make them less damaging on the public. close
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