FDIC Plan to Expand Staff Augurs Tougher Compliance Oversight
December 18, 2006
Insured depository institutions will be facing more rigorous supervision next year as the Federal Deposit Insurance Corp. announced a plan to add more people to its compliance and enforcement staff. The move will be funded under a $1.1 billion operating budget for...
The creation of a U.S. sovereign wealth fund could grease the skids for an end to the conservatorships of Fannie Mae and Freddie Mac.
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