Wednesday, March 25, 2009

Obama Plans to Propose Stronger Financial-Fraud Rules

According to Bloomberg.com, the Obama administration plans to unveil new rules to protect consumers and investors against financial fraud, aiming to stamp out practices that helped spark the mortgage-market crisis. Of course this will require more money from the government, which Geithner and Obama believe exists at this time. What do you think? What measures will they put into place to combat fraud against consumers?



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