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March 17, 2010

Financial overhaul is a global challenge

  • Unless the U.S., Europe and Asia adopt uniformly strict regulations, banks and high-risk traders will shift operations wherever rules are loosest.
    • By STEVENSON JACOBS
    AP Business Writer

    NEW YORK — U.S. policymakers are struggling to agree on new rules to avoid another financial crisis.

    A global consensus? Even harder.


     
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