“We think it’s very appropriate to lay out some of the causes and some of the steps that need to be taken… to minimize the likelihood of this happening again.”

US Treasury Secretary Henry “Hank” Paulson has unveiled plans to tighten the regulation of the country’s mortgage industry after the sub-prime crisis has pushed the economy to the brink of recession. via Telegraph.co.uk

More: continued here



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This entry was posted on Friday, March 14th, 2008 at 7:03 pm and is filed under Life insurance news. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.