Entries tagged "Charles Schmur"
Sen. Charles Schumer, D-N.Y., the opening speaker at the Securities Industry and Financial Markets Association's Summit on the Troubled Asset Relief Program, answered the question of what financial markets should be expecting in terms of regulatory reform from the new Congress. "To be sure this is still a very stressful time for out financial system, but over time the strength of our society and systems will allow us to overcome this crisis," said Schumer, who went on to speculate that President-elect Barack Obama will choose a treasury secretary in the mold of Larry Summers....
