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Reload this Page Can the Fed Handle New 'Super Cop' Role?
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Old 04-02-2008, 03:39 PM
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Default Can the Fed Handle New 'Super Cop' Role?
The Bush administration is proposing to give the Federal Reserve more power to patrol Wall Street to help prevent crises like the near collapse of Bear Stearns. But some analysts wonder whether the securities market is too complex even for the Fed to understand.

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