In 2008, he saved financial markets through government with TARP, not through deregulation.

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The telecommunications industry will go through some deregulation to make companies more competitive over the next five years.

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The decisions are part of a broad trend of media deregulation running through the courts and federal agencies since Congress passed the Telecommunications Act of 1996.

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Singapore's banking sector is going through a lot of deregulation, which will be good in the sense some banks will be forced to merge which will make them bigger and more competitive.

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In Japan, financial deregulation, if followed through, should at last enable the country's inveterate savers to put their money into something remunerative.

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From there beer weathered a Revolution, Prohibition and a right turn at Albuquerque before positively exploding with deregulation of the industry through the early 1980s.

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What's more, earnings at Eastern are expected to grow at 8% a year, compared with 1% in TXU's Texas electricity unit, where the company agreed to rate caps through 2002 as part of a deregulation bill.

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The reformers have also been able to push through laws on private land ownership, deregulation and other pressing issues.

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Meanwhile the administration's deregulation bill is wending its way through a long inter-agency review.

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The once-staid electric utility business has been through lots of jolts in recent times: deregulation, the California energy mess, Enron, oil price surges.

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