Revamp proposed for financial regulators (AP)

Treasury Secretary Henry Paulson announces the biggest overhaul of financial regulation since the Great Depression, Monday, March 31, 2008, at the Treasury Department in Washington. (AP Photo/J. Scott Applewhite)AP - It’s a Herculean task: revamping a financial regulatory system dating back to the Civil War to better deal with crises now imperiling the country.

Original post by Yahoo! News: Business

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