Bernanke Identifies Need to Close Industrial Bank Loophole

Published on:
12 September 2006 at 10:20 a.m. ET

Written by: Unknown Author –

http://www.insidearm.com/news/00011994-bernanke-identifies-need-to-close-industr/

At the annual conference of the Independent Community Bankers of America, Federal Reserve Chairman Ben Bernanke said that a “loophole” in U.S. law that allows commercial firms to buy industrial banks undercuts efforts to keep banking and commerce separate and should be closed, according to a Reuters story.

For the entire story, please visit Need to close industrial bank “loophole”-Bernanke.