Wednesday, September 17, 2008

Wall Street's meltdown

The Jurist reported yesterday morning that several members of Congress were speaking out about “regulatory changes & investigations following the stock market drop propelled by Lehman Brothers’ Chapter 11 bankruptcy filing and the sale of Merrill Lynch Monday.”

Included in that posting was mention of the Senate Banking, Housing & Urban Affairs Committee’s rescheduling of a hearing slated for yesterday, originally dealing with “recent regulatory actions regarding Fannie Mae and Freddie Mac,” now to include this past week’s developments.

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