Thursday, March 14, 2013 - 6:55 AM

Regulator Sides With Big Banks On Avoiding Break-Up Votes

From Reuters

Regulators have agreed with four of the country's biggest banks that they will not have to hold shareholder votes at upcoming annual meetings over whether the institutions are too big.

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This doesn't give one much hope that the megabanks will ever be broken up.

KenBDG5,138 posts since
Nov 29, 2009
Rep Points: 116,951

1. Thursday, March 14, 2013 - 7:14 AM

One shouldn't have expected a ruling to the contrary...

S.E.C's Revolving Door Hurts Its Effectiveness, Report Says

http://dealbook.nytimes.com/2013/02/11/s-e-c-s-revolving-door-hurts-its-effectiveness-report-says/

Shorebreak1,280 posts since
Apr 6, 2010
Rep Points: 4,781