Thursday, Jun 11th
Last update08:27:04 AM GMT
Christopher Cox, the chairman of the Securities and Exchange Commission and a longtime proponent of deregulation, acknowledged on Friday that the voluntary supervisory program of Wall Street’s largest investment banks had contributed to the global financial crisis and abruptly shut the program down.
The agency’s oversight responsibilities will largely shift to the Federal Reserve.
 Soaring gasoline prices, triggered by the U.S. war with Iran, have pushed inflation to its highest... |
 Average US gas prices have hit a new high at $4.23 a gallon, their highest since... | ||
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 More than a dozen newborn lambs cavorted around a fenced-in yard beneath the scrutiny of their... |
