| US divided over regulation of Wall Street |
| BS Reporter / Mumbai March 23, 2008 |
| As Congress and the Bush administration struggle to contain the housing and credit crises and prevent more Wall Street firms from collapsing as Bear Stearns did, a split is forming over how to strengthen oversight of financial institutions after decades of deregulation, according to a report on the website of The New York Times. The report added that the administration and Democratic lawmakers in Congress agree that the meltdown in credit markets exposed weaknesses in the nation |
