Personal Finance

The Final Rule: Fed Issues Regulation to Stop ‘Too Big to Fail’



WASHINGTON (Reuters) – The U.S. Federal Reserve unveiled a final rule on Wednesday designed to prevent large financial firms from becoming so big that their failure could shake the core of the U.S. financial market. The final rule, required by the 2010 Dodd-Frank Wall Street reform law, prohibits banks and certain large financial firms from acquiring…

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The Final Rule: Fed Issues Regulation to Stop 'Too Big to Fail'



WASHINGTON (Reuters) – The U.S. Federal Reserve unveiled a final rule on Wednesday designed to prevent large financial firms from becoming so big that their failure could shake the core of the U.S. financial market. The final rule, required by the 2010 Dodd-Frank Wall Street reform law, prohibits banks and certain large financial firms from acquiring…

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Peter Foster: Postmedia / Sun Deal Upsets The Usual Suspects, Especially CBC

Carol Off expressed concern about the effect on what people consume. “I’m thinking,” she said, “of Postmedia’s partnership with CAPP” The proposed Postmedia/Sun deal has produced predictable wailing about foreign control and “corporate media concentration.” One of the lines from the Globe and Mail was that the deal “will hand a group of mostly U.S. investors…

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