One goal is to increase supervision of big companies whose failure could threaten the financial system.
VOA: special.2009.06.19
"Its failure could have resulted in a 1930s-style global financial and economic meltdown, with catastrophic implications for production, income and jobs,".
VOA: standard.2009.03.24
He says he wants to ensure that the failure of a single, large financial firm would not threaten the entire economy.
VOA: standard.2010.01.21
President Obama says he wants to avoid a repeat of last year's failure of several banks and other financial firms, which devastated the U.S.economy.
VOA: standard.2010.01.21
But no such mechanism exists for non-bank financial institutions like AIG whose failure would inflict great economic pain on the nation as a whole.
VOA: standard.2009.03.24
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