SA05 New promise.

The US government has announced a major reform of banking regulation to prevent future financial crises.

The overhaul will require big banks to put more money aside against future losses to curb excessive risk taking.

Consumers will get a special agency to protect their interests and regulate mortgages and credit cards.

In outlining the reforms, President Barack Obama described them as the biggest shake-up of the US system of financial regulation since the 1930s.

The US central bank, the Federal Reserve, will be given the authority to monitor major financial institutions.

The US President said the lack of oversight among finance firms prompted systemic abuse causing risks for both companies and individuals.

2 Respons bagi “SA05 New promise.”

  1. Pak Din Berkata:

    That is the legacy of our trillion-dollar deficits. Erasing them will be one of the great political issues of the coming decade.

    http://www.nytimes.com/2009/06/10/business/economy/10leonhardt.html?_r=1

    Obama mewarisi hutang yang dibuat oleh pengurusan sebelumnya, terutama Bush. Dengan hutang terbesar matawang USD masih bertahan sebagai yang diharapkan oleh Dunia. Apakah yang diharpkan oleh mereka?

  2. Pak Din Berkata:

    The Five Capitals Model of sustainable development was developed by the organization Forum for the Future. The model groups together:

    Natural capital
    Social capital
    Human capital
    Manufactured capital
    Financial capital

    The model is used to show stocks and flows of resources as they relate to a sustainable society and economy.

    [edit] See also


    Sustainable Development portal


    Environment portal


    Ecology portal


    Earth_sciences portal


    Biology portal


    Energy portal

    Conservation biology
    Conservation ethic
    Conservation movement
    Ecology
    Ecology movement
    Environmentalism
    Environmental protection
    Habitat conservation
    Natural environment
    Natural capital
    Natural resource
    Renewable resource
    Sustainable development
    Sustainability
    Water conservation

    This sustainability-related article is a stub. You can help Wikipedia by expanding it.

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